CBS CEO Gets Stock Grant After Taking On Role of Chief

Bloomberg: CBS said CEO Les Moonves will be eligible to receive additional share grants when his contract expires in June 2019, adding to his incentives after he took on the role of chairman. The grant may range from 148,258 shares to as much as 436,622. At current prices, that would be as much as $21 million. Moonves become chairman this month when controlling shareholder Sumner Redstone stepped down.