Les Moonves, one of the highest-paid CEOs in the US, leaves CBS with a net worth of $700 million
- CBS Corporation CEO and Chairman Leslie Moonves has left the company after The New Yorker published a new report detailing sexual harassment and assault allegations from six women against the media executive.
- The accusations followed sexual misconduct and harassment accusations from six other women in July, as The New Yorker reported.
- Moonves is worth an estimated $700 million and was one of the highest-paid CEOs in the US, according to Forbes.
- The network said Moonves would not receive any severance benefits at this time.
Leslie Moonves, CEO and Chairman of CBS Corporation, left the company after a new wave of sexual assault and harassment allegations, the network announced Sunday night.The New Yorker published a report Sunday detailing accusations against the media executive from six women. This came after CBS hired multiple law firms to launch an investigation against Moonves in August, after six other women accused Moonves of sexual misconduct or harassment.
Moonves was one of the highest-paid CEOs in the US, thanks to a compensation package of cash, restricted shares and stock options worth $57 million in 2014, Forbes reported. He's worth an estimated $700 million.
CNBC reported on Thursday that the board was considering giving him a $100 million exit package, but CBS said in its Sunday statement that Moonves would not receive any severance benefits at this time, pending the results of an independent investigation.