Since taking her new post in February, Franco has overseen all of CBS’ legal affairs—including the legal team’s work on the CBS-Viacom merger. The #MeToo movement led to a new tone in upper levels of CBS, she says. “Senior management is accessible and accountable for a new transparent culture. The majority of the board members are now women and several women have been appointed to key positions.”
How can the industry do a better job of recruiting women and ensuring they have a path to senior positions?
Improve recruitment by broadening channels of accessing talent. Transparency of opportunity/improve communication. Invest in leadership skills and education.
Hold leaders accountable.
What changes, if any, has your company enacted since the dawning of the #MeToo movement, and what results have ensued?
The company has set a new tone at the top. Senior management is accessible and accountable for a new transparent culture. The majority of the Board members are now women and several women have been appointed to key positions including CFO, GC, new Chief Business Ethics and Compliance Officer and Chief People Officer. Susan Zirinsky was named Head of CBS News and Norah O’Donnell is lead anchor of the CBS Evening News. We have doubled the budget for human resources and enhanced training on issues such as diversity and inclusion.
What advice would you give your 13-year-old self?
Learn as much as you can from every opportunity that presents itself, including from the people you meet. Don’t be afraid to make mistakes. No one notices them as much as you do!