(CelebrityAccess) – Music industry vet Doug Morris is exiting CBS Corp.’s board of directors, according to Variety. The announcement follows recent news that Les Moonves would be stepping down as chairman and CEO of CBS amid sexual assault allegations.
Morris, who is the only executive to have held a chief position at each of the three major music groups (Warner Music Group, Universal Music Group and Sony Music), joined the board in 2007 when he was chairman and CEO of Vivendi’s UMG.
At CBS, Morris served on the compensation committee, where his role on the board was to approve compensation of the Chairman of the Board and Chief Executive Officer, reports Variety. Morris earned himself $330,000 for his director duties in 2017 alone.
Also exiting the board along with Morris are Arnold Kopelson, Leonard Goldberg, Charles Gifford and David Andelman. New board members Candace Beinecke, Barbara Byrne, Brian Goldner, Richard D. Parsons, Susan Schuman and Strauss Zelnick will be installed in their place.
Morris currently runs New York-based label 12 Tone Records.
