The CBS board is yet again discussing a merger with Viacom, and again the question of who will manage the new company if the two combine has come up as an issue, according to CNBC. For those who may have forgotten, this was the very question that caused talks to break down last year and prompted former CBS CEO Les Moonves to sue the companies’ controlling shareholder Shari Redstone.
Now, Viacom CEO Bob Bakish is expected to run the combined company but the new CBS board is questioning whether Mr. Bakish needs a stronger management team, according to CNBC. CBS had conducted a search for a CEO this year, but abandoned it partly because some candidates were unclear whether the job would be running CBS or a combined company. If the two companies do merge, it would make sense for CBS to go back to those candidates. That could be the best way to create the strongest team for a combined company.