CBS denies former CEO Les Moonves $120 million severance

  • 📰 AP
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

BREAKING: CBS denies former CEO Les Moonves $120 million severance citing his failure to cooperate with misconduct investigation.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

alexa7137 Bout damn time. I am in middle management and If I were to get fired, anyone think I would get ANY kind of severance? Not a fucking chance, I’d be in the unemployment line.

Ves Moonles is confused about “ rap” and “ rape”

He is confused between “ rap” and” rape”

Good

Haha wow!!! The only reason ( I believe) his wife hung in there, to appeared to be a united front, being the Supportive wife, during these allegations, so she could get her hands on half of his severance package when she divorces him. Well, that didn’t quite work out for her!!!

In the movie Equalizer, Danzel Washington offers only $9800. Les Moonves, $120 millions is too much to pay for the same thing. Or he can fly with Epstein' Lolita plane 1200 times for that amount. CBS has no finance councilor for its own CEO?

Good!

Will Julie Chen leave now?

Shouldn't even been a question

I guess he will have to scrape by on his 700 million dollars.

Les Fizz

💃💃💃💃💃💃💃

YOU ARE FULLL OF SH*T TOO...….WHERE IS YOUR PRESSURE ON THE DA/PROSECUTOR...... FOR HIM TO BE JAILED....

BREAKING NEWS......SHOULD READ...…..LES MOONVES IS IN JAIL...…..

So he gets $43 mil instead. That's enough for Les and Julie to open a bar on The Big Island.

Karma; thy name is Bitch.

Good!!

HowardStern maybe there is karma?

I see a lawsuit coming...

Humph. Guess the publicity was so much, they finally had to do the right thing.

B/c they can’t afford it! Their viewership has fallen way off! Americans are sick & tired of “pc agenda” being shoved down our throats on those networks. 🇺🇸

bwahahahahaaaa!

What took so long?

Let's see if JulieChen *STILL* wants to stand by her lying, cheating, nasty old man -- once she hears that LesMoonves ain't getting that big cash payout anymore‼️😜😂🙈🙊

I bet JulieChen files for divorce by the end of the year

Well, there's always Social Security.

BabaBooey 🙏🏿🙏🏿🙏🏿

Constance8News I guess he'll only get $80M

Good

Like no one saw this coming. F u, Les.

🤣🤣🤣 CBS I could put a few thousand to good use for photography & video gear. Talk about not appreciating your work place. Damn!

Good job, CBSNews‼️ LesMoonves lying, nasty, cheating dirty old man‼️😡

That was an expensive liaison.

👏👏👏👏👏👏

HowardStern what are your thoughts?

Too bad, so sad. 🙄

*laughs in Damita Jo*

More of this.

SharNeal I wonder how Julie Chen Moonves feels about this?

Great work CBS

Who says the MeToo movement is fading! DragWoodyNext

Good. I am sick of bigly men running afoul of the law and profiteering irregardless of their actions

MFBrooklyn I need your thoughts on this, please

Karma

Well some good news.

Who the fuck gets 20 million severance package. This is ridiculous

SmittyBarstool care to comment?

He’ll be fine and won’t spend a day behind bars

They’ll settle for like $55m

So, did he frequent the Standard Hotel with Adam Schiff? Thats the question inquiring minds need to know.

Les is more, except in this case where Les is zero.

What charity will receive the money?

FINALLY! Disgusting on so many levels! RESIST

I think America would like to see a different sort of severance, amirite? 🍆✂️

Moonves got his hist desserts.

Why the fuck is a severance package that high to begin with?

Oh so it must have been $120,000,000.01 or $119,999,999.99

At least there's that. Wish we could see justice for the sicko.

the fact that this is newsworthy is disgusting.

Good. Fucker shouldn't be paid

This would make a great donation to the metoo movement

He had the balls to ask for it?

Too bad they coudn't take away all his past yearly salaries.

pussy galore payment

Wait I’ll open up a gofundme in my honor. I’ve got three kids in college

How much.

he's still worry $700 million so....

Has Trump said that he's been treated very unfairly yet?

I’ll take it.

Good move, sex offenders do not need such a huge payoff

Good

About time someone does the right thing.

Thank God. Doesn’t make up for covering up his shit for the past decade, but it works.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBS denies $120 million severance payout to former CEO Les MoonvesCBS has decided to deny former CEO Leslie Moonves a $120 million payout after an investigation found there were 'grounds to terminate for cause,' according to a statement from the network. Moonves lawyer issues statement in response: “The conclusions of the CBS board were foreordained and are without merit.” Julie Chen must be shaking in her Ferragamo boots.
Source: ABC - 🏆 471. / 51 Read more »

CBS Denies Former CEO Les Moonves $120 Million Severance PackageThe network explained its decision, saying 'there are grounds to terminate for cause, including his willful and material misfeasance' and failure to cooperate with the company's investigation. One word: GOOD! Small wins Oh well.
Source: NPR - 🏆 96. / 63 Read more »

CBS: Ex-CEO Les Moonves will be denied $120M exit packageCBS said an investigation found grounds to terminate Les Moonves 'for cause,' including his failure to 'cooperate fully' with investigators. TIME'S UP BEAST! AWWWW LES AIN'T GETTIN' THAT GOLDEN PARACHUTE PAY OUT? AWWW HIM GOT ME2D W/NO DOUGH
Source: USATODAY - 🏆 100. / 63 Read more »

Here's why ousted CEO Les Moonves decided to take CBS to arbitration'It's just that much more bad PR for this guy,' NYT reporter Ed Lee said earlier of ex-CBS CEO Les Moonves. Moonves is fighting CBS for his $120 million severance — and CBS is footing the legal fees.
Source: CNBC - 🏆 12. / 72 Read more »

Former CBS CEO Leslie Moonves isn't entitled to $120 million in severance, board findsCBS Corp.’s board of directors has concluded that Leslie Moonves should be fired for 'cause.' The determination means he is not entitled to $120 million in severance. Last sentence is incomplete I never harassed anyone can I have the money?
Source: latimes - 🏆 11. / 82 Read more »

CBS Corp. Cl BCBS Corp. Cl B stock price, stock quotes and financial overviews from MarketWatch.
Source: MarketWatch - 🏆 3. / 97 Read more »

Ex-CBS CEO Leslie Moonves Won’t Receive Any Severance PaymentCBS won't pay former CEO Leslie Moonves any of his $120 million severance package in the wake of a sexual-misconduct scandal He will just have to survive off the $120 million he already has So he'll have to get by on what he stole? Trump New Chief Of Staff?
Source: WSJ - 🏆 98. / 63 Read more »

CBS fires CEO Leslie Moonves and denies $120 million severanceCBS Corp said on Monday it has fired Leslie Moonves for cause and has denied a $... kenli729 I am gald you did't say girds up his loins. kenli729 Execs like this are ruining our society. Sears just went bankrupt and approved bonuses of millions to top execs. The 99% are just trash to them. kenli729 He can’t win this.
Source: Reuters - 🏆 2. / 97 Read more »

Les Moonves will not get his $120 million severance from CBS, board saysMoonves, former CEO of CBS, agreed to depart the company in September amid allegations of sexual misconduct. “For cause” = they found out he voted for Trump
Source: NBCNews - 🏆 10. / 86 Read more »

CBS board denies Les Moonves $120 million severance following sexual assault allegationsThe CBS board of directors has denied former chairman-CEO Leslie Moonves any of the $120 million severance he was due under his employment contract after conducting a five-month internal probe of his conduct and the corporate culture at CBS Corp. Hallelujah But JulieChen will stand by her man and remain in denial that her husband is a sexual predator.
Source: BusinessInsider - 🏆 729. / 51 Read more »