|Day's Range||61.35 - 62.04|
|52 Week Range||48.88 - 70.10|
|PE Ratio (TTM)||50.14|
|Dividend & Yield||0.72 (1.17%)|
|1y Target Est||N/A|
The president, chairman and CEO of CBS Corp. has two years to go on his current contract and has already reupped it for another two, keeping him in place through June 30, 2021. Moonves joined CBS in 1995 as president of entertainment when the company was still a part of Viacom. When CBS spun off from Viacom as a stand-alone, publicly traded company in 2006, he became president and CEO and was named chairman as well in 2016.
CBS Corp., owner of the most-watched television network, signed Chairman and Chief Executive Officer Leslie Moonves to a new multiyear contract running through 2021.
CBS Corp (CBS.N) Chief Executive Leslie Moonves said in response to a shareholder question on Friday that he believed shares of Viacom Inc (VIAB.O), which the network considered merging with last year, were undervalued. Asked at the annual CBS shareholder meeting in New York if it would revisit a merger with Viacom, Lawrence Tu, senior executive vice president and chief legal officer, said CBS was focusing on its current strategy that includes diversifying its revenue stream. Shares of Viacom rose $1.22, or 3.6 percent, to $35.20 late Friday afternoon.