Sumner Redstone Resigns as Chair of CBS
NEW YORK (AP) – CBS says media mogul Sumner Redstone has resigned as chair of the company’s board, replaced by the company’s CEO, Leslie Moonves. The company says Redstone’s resignation took effect Tuesday and he now serves as chairman emeritus. He remains the executive chairman of Viacom. The 92-year-old’s health and mental capacity have been at the center of a…