Quincy Smith to step down as CBS Interactive CEO

CBS Interactive's CEO Quincy Smith is likely to step down by the end of this year to start an advisory business in which he will consult CBS Corporation on issues such as monetisation of online video, technology partnerships and other growth opportunities.

Smith had led CBS Interactive since November 2006.

As quoted in media, the president of CBS says, "Quincy's entrepreneurial spirit and his passion for the business has helped this company attract some of the most creative minds working in digital media. I know he will continue to be successful in all he's yet to do, and we're very happy to have Quincy working with us in this new role at CBS.

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