Former CBS CEO Leslie Moonves Forfeited $34.5 Million of 2018 Compensation

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Leslie Moonves forfeited nearly $34.5 million of his compensation package as part of a separation agreement with CBS amid accusations of sexual harassment last year

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Former CBS Corp. Chief Executive Leslie Moonves forfeited nearly $34.5 million of his compensation package as part of a separation agreement with the company amid accusations of sexual harassment last year, the company said in a securities filing Friday.

Before he was forced to resign, Mr. Moonves was slated to receive total compensation of about $47 million in cash and stock awards in 2018, according to the filing. The separation agreement reduced Mr. Moonves’ compensation, cutting his stock awards, but he still received...

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BenMullin According to equilarinc data, Les Moonves made over $1 billion at CBS since 2006.

Darn

absurd

So? Clearly he was overpaid in the first place

I think he can afford it!

Let's hope this is just the first

Who cares? He probably has 100's of millions.

That’s BillOReilly territory.

Oh how sad. He’s only getting 12million now. He must be heading to the poor house.

Wasn't the package worth over 100 million, so he forfeited a 3rd?

Bezos laughs at this headline

So, how much did Moonves pay CBS as compensation for the damages he caused them?

Hollywood Privilege

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