CBS boss Les Moonves resigns after misconduct allegations

CBS boss Les Moonves resigns after misconduct allegations

CBS boss Les Moonves resigns after misconduct allegations

According to Deadline, the Moonves responded to the New Yorker report in a statement that claimed three of the six accusations were from women with whom he had consensual encounters.

Moonves' resignation is effective immediately and marks an unfathomable reversal of fortune for the former actor and Broadway producer who transformed CBS into the nation's most-watched broadcast network, a ranking it has held for more than a decade.

Moonves' lieutenant, Chief Operating Officer Joe Ianniello, was named president and Acting CEO while the board searches for a permanent replacement.

If Moonves were to be fired without cause, he could receive upwards of $170 million in a severance package.

In January 2018, Shari began pushing for CBS to merge with Viacom which was vehemently resisted by Moonves and the CBS board.

"Untrue allegations from decades ago are now being made against me that are not consistent with who I am", he wrote.

Later, she says, Moonves told her the studio had no work opportunities for her.

That turned Moonves into one of this highest paid executives in America: He took home almost $70 million in each of the past two years.

In July, Farrow's first bombshell report detailed sexual harassment allegations from six women and complaints from dozens of others about a culture within the company tolerating sexual misconduct. "We believe them", Times' Up said in a statement on Sunday.

The jailbreak happened earlier this year when Moonves and most members of the CBS board took steps to dilute Redstone's control.

Dozens of other women have complained that sexual misconduct was tolerated in parts of the company. Moonves actually pushed the CBS board to dilute its stock to enable them to oust the Redstones as controlling shareholders.

Organizations that have supported women coming forward with stories of abuse, including Time's Up and Press Forward, said Sunday that CBS should be transparent about the findings of its internal investigation despite Moonves' ouster.

"I have never used my position to hinder the advancement or careers of women", he said.

Another six women had accused Mr Moonves.

She said the Moonves inquiry had "hurt morale" at CBS News but said she was "confident" the truth of the matter would eventually come out, a nod to investigations into the culture of CBS being conducted by the company's board of directors. Moonves denied the charges in a pair of statements, although he said he had consensual relations with three of the women.

Farrow indicated that CBS has been aware of the new allegations for at least several days.

Farrow's follow-up article on Sunday contained allegations from six more women, who said they Moonves harassed or assaulted them between 1980 and the early 2000s. The revelations add pressure to exit talks that were already underway at the most watched USA broadcast network.

Reuters reported Sunday that "Moonves could end up with nothing", and that as part of its settlement with National Amusements, "CBS will donate a portion to an unnamed charity and reserved the right to claw back the rest of a severance package" depending on the confirmation of the allegations against Moonves.

"I really felt like this was one of the most sexist places I've ever worked", Sarah Johansen, who previously worked as an intern at CBS for Fager, told Farrow.

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