CBS CEO Leslie Moonves steps down after sexual harassment allegations

Leslie 'Les' Moonves, president as well as also chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. 

Drew Angerer | Getty Images

Leslie ‘Les’ Moonves, president as well as also chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. 

CBS CEO Leslie Moonves can be leaving his post following numerous allegations of sexual misconduct that will spanned much of his career, the company announced on Sunday evening.

The allegations against Moonves were brought to light in a brand-new Yorker article by Ronan Farrow in August in which six women accused Moonves of sexual misconduct as well as also damaging their careers. A second brand-new Yorker article by Farrow published on Sunday contained allegations by six more women. Moonves denied the allegations, as well as also characterized his relationships with some of the women as consensual.

CBS has been investigating the allegations against Moonves since they were published within the brand-new Yorker article in August.

CNBC’s David Faber reported last week that will CBS was considering a $100 million exit package for Moonves. yet following the brand-new allegations in Sunday’s brand-new Yorker article, sources familiar with the situation told Faber that will Moonves might not get a severance package, pending the results of the investigation into the allegations against Moonves.

This particular story can be developing. Check back for updates.

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