Monday, 19 November, 2018

Leslie Moonves remains CBS chairman amid sexual misconduct probe

CBS Shares Nosedive as Board Debates CEO Les Moonves' Future The CEO of CBS is the latest to go down in the Me Too movement
Freda Brock | 31 July, 2018, 20:29

He's held a high-ranking position within the company for 24 years.

Chen and Moonves have been married for nearly 14 years and are the parents of a son, Charlie. Over that period, Mooves was married to Nancy Wiesenfeld (from 1978 to 2004) and Julie Chen (since 2004).

The company said following a board meeting on Monday afternoon that it is in the process of selecting outside counsel to conduct an independent investigation.

Farrow, the child of actress Mia Farrow and estranged father Woody Allen, has always been an advocate for victims of sexual abuse and harassment.

Six women told The New Yorker that Moonves sexually harassed them. When Douglas sought legal aid, she was offered her $125,000 from CBS for the allegation to be "settled out", and an additional $250,000 for her work on a miniseries called Bella Mafia. The stock has slipped more than 10% since news of the report surfaced. And that I just lied to you for a bit. "I wanted a kiss". Moonves denies or says he doesn't recall numerous details from the report.

Peters met with Moonves in 2006 to discuss a job opportunity.

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At the same time, Redstone politely but firmly refused to talk to reporters about the turmoil in her professional life, particularly the pending lawsuit from CBS that aims to dilute her voting power in the company. Peters then excused herself from the meeting.

Moonves, 68, is one of the global media industry's highest-paid executives and could receive a severance package of more than $180 million based on his contract and the terms of his departure, according to CBS filings with the U.S. Securities and Exchange Commission. Chen then looked into the camera to tell at-home viewers she would not be speaking about the topic ever again. Thus far, it does not seem advertisers are looking to pull their commercial time from the network, but it remains to be seen if marketers will take action with Moonves remaining at his roost. He confessed his attraction to her (which he'd done before years prior) and she rose to leave.

She said she fully supports him.

As Redstone navigates the crisis unfolding at CBS, her trusted advisers include Jill Krutick, a former Wall Street analyst and current board member of Redstone's National Amusements Inc. holding company; Robert Klieger, an attorney and a CBS board member; and Jonathan Miller, a partner in Redstone's Advancit Capital investment vehicle. "And the conversation ended, and he went from being very friendly to being really cold". After Kimberly refused and explained that she had a husband and child, Moonves left the restaurant. And, make no mistake, Les Moonves is my guy.

On Monday's episode of "The Late Show" on CBS, Colbert noted that a theme of the recent Me Too movement against workplace sexual harassment is the tendency of people to discredit or downplay sexual abuse allegations against someone they agree with or are close to.

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