CBS's Overhauled Board Features Women Who Are Experts in M&A
- Directors also include Hasbro CEO and former Time Warner chief
- Shake-up part of settlement between CBS, majority shareholder
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CBS Corp.’s dramatic shake-up on Sunday will add several women to its board, improving gender equity at a company whose longtime leader was toppled by sexual-harassment accusations.
The new board also features bankers who specialize in mergers and acquisitions, raising questions about whether the media company will prepare itself for a deal. The panel has some high-profile chief executive officers as well, including the heads of Hasbro Inc. and Take-Two Interactive Software Inc. and the former CEO of Time Warner Inc.