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Schultz: Businesses need to do more to help people

Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz

CBS Corporation (CBS)

NYSE - NYSE Delayed Price. Currency in USD
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59.23+0.44 (+0.75%)
At close: 4:00PM EDT

59.25 +0.02 (0.03%)
After hours: 5:02PM EDT

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CBS Corporation

51 West 52nd Street
New York, NY 10019
United States
212-975-4321
http://www.cbscorporation.com

SectorServices
IndustryEntertainment - Diversified
Full Time Employees15,550

Key Executives

NameTitlePayExercisedAge
Mr. Leslie Moonves IIChairman and Chief Exec. Officer36.65MN/A67
Mr. Joseph R. IannielloChief Operating Officer15.32M2.92M49
Mr. Anthony G. AmbrosioChief Admin. Officer, Chief HR Officer and Sr. Exec. VP3.3M8.37M56
Mr. Lawrence P. TuChief Legal Officer and Sr. Exec. VP5.06MN/A63
Mr. Gil SchwartzChief Communications Officer and Sr. Exec. VP3.2MN/A65
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CBS Corporation operates as a mass media company worldwide. The company operates through four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services. The Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events. This segment also operates CBS Sports Network, a 24-hour cable program service that provides college sports and related content; and Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as that of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The Local Media segment owns 30 broadcast television stations; and operates local Websites, including content from the company’s television stations, and news and sports radio stations. The company was founded in 1986 and is headquartered in New York, New York.

Corporate Governance

CBS Corporation’s ISS Governance QualityScore as of September 1, 2017 is 10. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 9; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.