CBS Corp. Names Donald Shassian CFO For CBS Outdoor - Quick Facts

(RTTNews) - CBS Corp. (CBS, CBS-A), Monday said Donald Shassian has been named Executive Vice President/Chief Financial Officer for CBS Outdoor. Shassian, who will be reporting to Jeremy Male, Chief Executive Officer of the division, will take care of all the financial operations for CBS Outdoor as it prepares for the separation from CBS Corporation and its conversion into a real estate investment trust.

Shassian was previously the Executive Vice President/Chief Financial Officer for Frontier Communications, and served as an M&A consultant for communications companies. He also worked with RSL Communications, Ltd., Southern New England Telecommunications Company (SNET) and Arthur Andersen, in senior positions.

Shassian will be supported by the current Executive Vice President, Chief Financial Officer of CBS Outdoor, Ray Nowak, who will remain in the organization and now focus exclusively on finance and accounting for U.S.-based businesses as its U.S. CFO. CBS Outdoor also has operations in Canada, Mexico and four countries in South America, in addition to the U.S.