Ianniello Gets Boosted to COO at CBS Corp.

By Jon Lafayette
( Broadcasting & Cable )
published

Joseph Ianniello, chief financial officer of CBS Corp. since
2009, has been named COO.

Ianniello signed a five-year deal with the company. He will
report to CEO Les Moonves and oversee all financial operations and work with
senior management on monetizing digital streaming, retransmission consent fees
and reverse compensation, the company said.

The promotion comes as another long-time senior CBS executive,
Marty Franks, executive VP for planning, policy and government affairs, isset to retire Sept. 30.

 "Joe's role in CBS' success these past several years
has been extraordinary," Moonves said in a statement. "He's been a
game-changing CFO, but he's also so much more than that. He is a tough
negotiator, a great manager, and someone who brings energy, passion and a great
sense of teamwork to anything he does."

Ianniello
was with Viacom before CBS and Viacom were separated in 2005, serving as senior
VP and treasurer and vice president of corporate development.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.