CBS CORPORATION (NYSE:CBS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On July 27, 2017, the Board of Directors of CBS Corporation (“CBS” or the “Company”) elected Robert N. Klieger to serve as a member of the Board, effective immediately. Mr. Klieger is a partner at the law firm Hueston Hennigan LLP with a practice focusing on complex civil litigation and counseling in the areas of entertainment and intellectual property. His clients include leading enterprises in television, film and digital media.
Mr. Klieger has been provided the CBS director indemnification agreement, the form of which was filed as Exhibit 10 to the Company’s Form 8-K filed with the Securities and Exchange Commission on September 18, 2009, and will participate in the Company’s standard director compensation arrangements applicable to directors who are not employees of the Company or any of its subsidiaries which is described in the Company’s Proxy Statement filed with the Securities and Exchange Commission on April 7, 2017. Mr. Klieger will not serve on any standing Board committee.
About CBS CORPORATION (NYSE:CBS)
CBS Corporation is a mass media company. The Company’s segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company’s Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.