TV TATTLE
CBS denies Les Moonves his $120 million severance package, firing him for cause following sexual misconduct probe
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“We have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Company’s investigation. Mr. Moonves will not receive any severance payment from the Company,” CBS' board said in a statement Monday. The decision was reached following a five-month independent investigation into a slew of sexual misconduct allegations against Moonves.
TOPICS: Les Moonves, CBS, Sexual Misconduct
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