CBS board plans to investigate misconduct allegations against CEO

CBS Corp. CEO Leslie Moonves will retain his role three days after The New Yorker published an article detailing allegations of sexual harassment against him, according to The New York Times.

After a regularly scheduled board meeting July 30 ahead of the company's earnings call Aug. 2, the board of directors said it was "in the process of selecting outside counsel to conduct an independent investigation" into the allegations.

CBS announced the planned investigation July 27 hours after The New Yorker published its report. It included reports from six women who claimed Mr. Moonves requested sexual favors from them and retaliated when they refused, according to the NYT.

CBS said July 30, "No other action was taken on this matter at today's board meeting," quieting speculation the board would immediately take action against Mr. Moonves. The company's decision follows its firing of anchor Charlie Rose a day after misconduct allegations were made against him.

Mr. Moonves stepped in as chairman of CBS' board in 2016. He took over as CEO in 2006.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars