CBS taps media industry veteran Parsons as interim chairman

CBS says it has named media industry veteran Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.

Parsons is the former chairman of Time Warner and Citicorp. He was added to the board of CBS earlier this month along with five others as the company pursues an independent investigation into Moonves.

Moonves resigned just after six women joined others who had previously accused the long-time television executive with sexual misconduct.

CBS also said Tuesday that two other board members were stepping down. Bruce Gordon and William Cohen had been on the company's board since it became a standalone public company in 2006.