/Les Moonves officially out at CBS without $120M severance package after sexual misconduct scandal

Les Moonves officially out at CBS without $120M severance package after sexual misconduct scandal



“With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Company’s investigation,” CBS stated in an announcement Monday.



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