CBS News Restructures Management

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NEW YORK: CBS News has put in place a new management team, with Jeff Fager promoted to chairman and David Rhodes as president, taking over for Sean McManus, who has become chairman of CBS Sports.

McManus had been serving as president of CBS News and Sports since 2005. In his new role he will focus on the portfolio of sports properties across all CBS Sports operations. "Sports continues to grow into an ever-more important asset to CBS," said Leslie Moonves, the president and CEO of CBS Corporation.  "As we expand our operations at CBS Sports, CBS College Sports Network and in other parts of our company as well, we will require Sean’s uncommon depth of knowledge of the business, his deal-making acumen and his unique and positive relationships throughout the world of sports to keep CBS on top of that game.  I know all of us at CBS congratulate him on his new position as Chairman of CBS Sports."

Fager and Rhodes have been tapped to succeed McManus. As chairman of CBS News, Fager will report to Moonves and is tasked with guiding the overall editorial direction, content and quality for on-air and online. As president of the division, Rhodes will report to Fager and will run the day-to-day operations of CBS News. The appointments take effect February 22. 

"In these two great news professionals, we get the best of both worlds: the quintessential insider with deep knowledge of the business and all the moving parts at CBS News, as well as a dynamic young executive with strong news management experience and a tough, fresh point of view," said Moonves.  "They will inherit a proud and dedicated organization that has been well positioned for success in the future by their predecessor.  Together, they make the ultimate winning team."