CBS: Ex-CEO Les Moonves will be denied $120 million severance package
Published: December 17, 2018 / Author: USA Today
“The company has been entangled in sexual harassment controversies and must try to bring back its reputation,” Hubbard said. “CBS had to send a signal to employees and other stakeholders that these actions will not be tolerated within the company.”
He said this action should serve as a signal that the public and boards are fed up with the pile-up of allegations of sexual misconduct from executives.