Richard Parsons resigned from the CBS Corporation Board of Directors on Sunday for health reasons and was replaced as interim chairman by Strauss Zelnick, the head of Zelnick Media Capital.
Parsons had been named to replace Leslie Moonves just three weeks ago, after the longtime CBS chief was forced to exit over sexual harassment allegations.
In a statement, Parsons — the former chairman of Citigroup and the former chairman and CEO of Time Warner — cited poor health:
“As some of you know, when I agreed to join the board and serve as the interim chair, I was already dealing with a serious health challenge – multiple myeloma – but I felt that the situation was manageable.