Longtime Boston banking executive Chad Gifford is stepping down from CBS Corp.’s board of directors as part of a larger settlement agreement between the media company and its controlling shareholder, Norwood-based National Amusements, which is owned by the Redstone family.
The settlement, revealed Sunday, seemingly ends months of intense and well-publicized boardroom drama involving Shari Redstone and CBS board members including Gifford. He is the former chairman of Bank of America Corp. (NYSE:…
