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CBS Adds Richard Parsons to Board While Weighing Viacom Merger

April 7, 2018, 12:04 AM

Richard Parsons, former chief executive officer of Time Warner Inc., will join the board of CBS Corp. as the media company pursues a merger with Viacom Inc.

Parsons, 70, is the sole new nominee to the board, according to a CBS regulatory filing Friday. The company plans to hold its annual meeting May 18 in New York.

Richard Parsons
Photographer: Andrew Harrer/Bloomberg

The former Time Warner CEO becomes the third new CBS director in the past year. His nomination coincides with a push by controlling shareholder Shari Redstone to recombine the company with Viacom. Martha Minow, who ran Harvard Law School when ...