CBS ANNOUNCES A NEW AGREEMENT WITH DAVID RHODES, PRESIDENT OF CBS NEWS, THAT EXTENDS HIS EMPLOYMENT THROUGH FEBRUARY 2019

CBS President and CEO Leslie Moonves announced today a new contract agreement with CBS News President David Rhodes that extends his employment through February 2019. Rhodes has been President of CBS News since 2011.

"CBS News is experiencing division-wide growth," said Moonves. "David's exceptional news judgment and competitive acumen has had a great impact so far, and we look forward to continued growth on all our news broadcasts as we move forward."

Rhodes is responsible for CBS News broadcasts and its global newsgathering. His emphasis on hard news and original reporting is evident across all platforms, including television, CBS News Radio and CBSNews.com. He also spearheaded the launch of CBSN, a joint effort between CBS News and CBS Interactive to create the first digital streaming news network.

Rhodes was a catalyst behind the creation and launch of the CBS THIS MORNING program, including the development of a new studio and newsroom at the legendary CBS Broadcast Center in New York. He also helped to expand FACE THE NATION with BOB SCHIEFFER to a full hour as the broadcast became the #1 Sunday public affairs show.

Before joining CBS News, Rhodes held senior roles at Bloomberg and Fox News. At Bloomberg, he was head of US Television, overseeing all development, editorial, newsgathering, and programming. He also relaunched the financial news service's flagship cable channel in 2009 and made important changes in the network's talent and programming.

Rhodes started his career in 1996 as a Production Assistant at the newly launched Fox News Channel, where he eventually became Vice President of News. While there, he managed coverage of the wars in Afghanistan and Iraq, three presidential elections, and natural weather disasters, such as Hurricane Katrina. He also was the Assignment Manager on the Fox News desk the morning of Sept. 11, 2001.

Moonves concluded, "I'm delighted that CBS News will remain under the leadership of one of the most accomplished young executives in the television news industry for many years to come."