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CBS Board to Investigate Allegations of Misconduct by CEO Leslie Moonves

CBS Board to Investigate Allegations of Misconduct by CEO Leslie Moonves

CBS CEO Les Moonves will remain on the job during the network's investigation of sexual misconduct accusations that are expected to be detailed in a looming New Yorker story.

The CEO of CBS is being accused of sexual misconduct. and the network says it's investigating and the allegations are being taken seriously. It says the independent directors are "investigating claims that violate the company's clear policies in that regard". The allegations against him come in the middle of a battle over the future of CBS. He would be among the biggest names to face sexual misconduct allegations that have surfaced in the wake of the New Yorker article that revealed widespread claims of abuse against movie mogul Harvey Weinstein.

The report comes amid a legal battle between the board and Shari Redstone, the controlling shareholder in both CBS and Viacom who wants to merge the two companies. "Along with that team, we will continue to focus on creating value for our shareowners".

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Moonves has been very well compensated for his company's success.

The following week, she says she was sacked, with Moonves telling her she wouldn't "get a f-king dime" and would "never work at this network again".

One of those women, the actor Illeana Douglas, told The New Yorker that Moonves called her into his office in 1997 while she was working on a pilot for CBS and asked to kiss her. But it was when he arrived at CBS in 1995 - he would become CEO in 2003 - that he entered the top tier of executives, nearly singlehandedly ushering in a golden era at the network.

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In 2013 it was reported that Moonves earned more than $65m, making him one of TV's highest paid executives.

CBS Corporation President/CEO Leslie Moonves (L) and journalist Charlie Rose (R) attend the Hollywood Radio & Television Society's "A Conversation with Leslie Moonves" Newsmaker Luncheon at the Regent Beverly Wilshire Hotel on September 12, 2006 in Beverly Hills, California. CBS sued REDSTONE to prevent her from attempting to take control by ousting directors or changing bylaws. The CBS board released its statement after the Hollywood Reporter published a story that Moonves was set to be accused in magazine.

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