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Read the whole letter below.
Dear Ms. Redstone and Members of the Board of the CBS Corporation:
This is your moment.
A cascade of womens voices has changed the rules.
The old playbook no longer applies.
As one of the worlds most powerful companies, you have a choice.
you might cling to a status quo as it crumbles around you.
Or you’re able to demonstrate what happens when true leadership embraces the future.
Now is your opportunity to rise.
This is that reckoning.
The CBS environment is your responsibility.
But its not over yet.
Full, independent investigations of alleged wrongdoing and the departure of a few executives is only the start.
Real progress can only occur with a transparent commitment to long-term structural changes from top to bottom.
We are glad to see the appointment of several new women to the board.
But in reconstituting the board so quickly, an opportunity for meaningful inclusion was missed.
Those who come forward must also be protected from potential retaliation.
This includes aggressive recruitment for truly diverse management talent, as well as the pipeline for entry-level positions.
Undertaking a pay equity study, and commit to closing any racial, ethnic or gender gaps.
We do not expect these measures to be implemented overnight.
We do not ask for miracles.
We recognize that meaningful, sustainable change will take time.
The choice is yours.
But the answer is obvious.
We ask that you not dishonor the bravery of those who have come forward by spending that money unwisely.
As we said, now is your opportunity to rise.
We stand ready to work with you and to promote your progress as it occurs.
