CBS News: Jeff Fager Appointed Chairman, David Rhodes Named President

Sean McManus promoted to chairman of CBS sports.

CBS shook up its executive ranks Tuesday afternoon.

60 Minutes executive producer Jeff Fager was appointed chairman of CBS News, and David Rhodes was named president. Rhodes most recently served as head of U.S. Television operations for Bloomberg.

Sean McManus was promoted to chairman of CBS Sports.

Said president and CEO of CBS Corp. Les Moonves in a statement. "In these two great news professionals [Fager and Rhodes], 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."

McManus was named president, CBS Sports, in November 1996, and President, CBS News in October 2005.

"Sports continues to grow into an ever-more important asset to CBS," said Moonves.  "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."

Read the full press releases after the jump.

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