CBS contemplating CEO replacement
ASSOCIATED PRESS / 2017
Les Moonves, former chairman and CEO of CBS Corporation, will not be paid his $120 million severance.
After agreeing to deny former CEO Les Moonves his $120 million severance this week, CBS Corp.’s board is now contemplating another decision: who should replace him.
The directors are working with executive-search firm Korn/Ferry International to find a new CEO, but the process has begun slowly.
A CBS representative has approached former Walt Disney Co. Chief Operating Officer Tom Staggs about the role, according to one person. The pool of experienced outside executives also includes former Turner Broadcasting head John Martin, 20th Century Fox Chairman Stacey Snider and ex- Tribune Media Co. CEO Peter Liguori.
The company also hasn’t ruled out a permanent appointment for Joe Ianniello, who is now serving as acting CEO, people familiar with the matter said.
Prada pulls accessories over ‘racist’ imagery
Prada is no longer selling a line of accessories and displays following complaints that they featured blackface-style imagery.
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The controversy began last week when a New Yorker complained in a viral Facebook posting after walking past a Prada boutique in Manhattan’s SoHo district and noticing what she described as a “racist and denigrating” caricature.
The Italian fashion house had recently launched a series of luxury keychains and trinkets, including one showing a character with brown skin and exaggerated red lips.
Prada Group released a statement saying that it “abhors all forms of racism” and that the imaginary creatures were not intended to “have any reference to the real world and certainly not blackface.”
The statement said it was withdrawing the characters in question from display and circulation.
ON THE MOVE
Coldwell Banker Pacific Properties has announced the following new independent agents for the firm’s Kahala office:
>> Linda Eddo was previously a Realtor- associate at Keller Williams Studio City. Eddo began her career in real estate with Fred Sands, on the Sunset Strip in Hollywood, in 1987.
>> Hiroki Uchida was previously a Realtor-associate at Aska Estate Hawaii Inc. Uchida first started his career in real estate in 2015.
