CBS says its investigation shows grounds to terminate the former CEO for cause.
Leslie Moonves will get no severance pay from CBS after an investigation of the former chairman and CEO found what the Us media giant’s board says are “grounds to terminate for cause.”
Moonves could have been due a $120m payout after leaving the company in September in the wake of misconduct allegations first revealed in July.
But in a statement, the CBS board says that after completing the investigation into Moonves it has “determined that there are grounds to terminate for cause, including his willful and material misfeasance,...
Leslie Moonves will get no severance pay from CBS after an investigation of the former chairman and CEO found what the Us media giant’s board says are “grounds to terminate for cause.”
Moonves could have been due a $120m payout after leaving the company in September in the wake of misconduct allegations first revealed in July.
But in a statement, the CBS board says that after completing the investigation into Moonves it has “determined that there are grounds to terminate for cause, including his willful and material misfeasance,...
- 12/18/2018
- by John Hazelton
- ScreenDaily
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