Former CBS Chairman and CEO Leslie Moonves will not receive any severance payment from the company following an inquiry into alleged sexual misconduct.
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CBS Corporation's board of directors is in the process of selecting outside counsel to conduct an independent investigation of misconduct allegations against CEO Leslie Moonves.
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CBS has issued a statement that it is investigating claims in response to an as-yet-unpublished article in The New Yorker, regarding allegations of sexual misconduct against CEO Leslie Moonves.
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Leslie Moonves has signed a new contract that covers a two-year extension to his current term with CBS Corporation as chairman, president and CEO, through June 30, 2021.
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