By Lisa Beilfuss 
 

CBS on Monday extended news chief David Rhodes's contract through 2019, praising the executive's news judgement and competitive acumen.

Mr. Rhodes was brought in by the former chairman of CBS News, Jeff Fager, in 2011 amid a management shakeup. When Mr. Fager stepped down in November to return to his role as executive producer of the newsmagazine program "60 Minutes," Mr. Rhodes was named the sole leader of the news division.

Mr. Rhodes's "emphasis on hard news and original reporting is evident across all platforms," the company said.

Prior to joining CBS, Mr. Rhodes held senior roles at Bloomberg and Fox News.

CBS shares, up 13% this year, are little changed in recent after-hours trading.

Write to Lisa Beilfuss at lisa.beilfuss@wsj.com

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