Biography & Early Wealth Journey

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Before Ianniello became COO and then CEO of CBS, he worked in financial roles within CBS including as CFO. He's been with CBS since he was hired as a Director of Financial Planning in 1997. He was never expected to retain the CEO job because he was close to Les Moonves. Besides his sexual misconduct scandal, Moonves was in favor of reducing the voting control of the Redstone family, owners of National Amusements, which controls Viacom. When all that went down, Ianniello stood by his friend Moonves, harming his reputation with Shari Redstone, the vice-chair of both the CBS and Viacom boards.

Still, it's doubtful the 51-year-old Ianniello is too disturbed by his fate at CBS. After all, he's being very well compensated for his relatively short tenure in the CEO's office.

Primary Income Streams & Multi-Million Contracts

Once the merger is complete, the combined ViacomCBS will be a media behemoth with $28 billion in revenue.