Les Moonves exits as head of CBS

Source: The Hill | September 9, 2018 | Brett Samuels

CBS Chairman and CEO Leslie Moonves resigned from his role “effective immediately” on Sunday amid fresh allegations of sexual misconduct, the company announced in a press release.

CBS announced the move Sunday, hours after The New Yorker published a second story detailing allegations that Moonves harassed female employees and coerced one woman into performing oral sex.

As part of his depature, Moonves and CBS will donate $20 million to one or more organizations that support the #MeToo movement, which supports women who have been victims of sexual harassment or sexual assault.

The donation will be deducted from any severance benefits that Moonves would have received upon his departure, CBS said in a press release.

Chief Operating Officer Joseph Ianniello will replace Moonves on an acting basis while the company’s board of directors searches for a permanent successor, the network said.

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