Leslie Moonves Leaves CBS Amid New Accusations

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by @todotvnews the 10/09/2018
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The CEO of CBS announced his resignation this Sunday after new sexual harassment accusations against him surfaced.

A little after The New Yorker published an extensive report detailing sexual harassment and abuse accusations from at least six women against Leslie Moonves, CEO of CBS, the executive announced his resignation this Sunday.
 
The breaking point was a new report from The New Yorker with new testimony that made it impossible for him to stay as the head of the US giant, which was in addition conducting its own internal investigation to determine the truth behind the accusations’ and Moonves’ future.
 
With Moonves’ departure, CBS appointed Joseph Ianniello, previously COO, as interim CEO.
 
In addition, the company named six new members to its Directive Board: Candace Beinecke, Barbara Byrne, Brian Goldner, Richard D. Parsons, Susan Schuman and Strauss Zelnick.
 
They will take over for Arnold Kopelson, Leonard Goldberg, Charles Gifford, David Andelman and Doug Morris.
 
The controversial resignation marks the end of an era for CBS and opens the doors to a potential merger with Viacom, as intended by Shari Redstone, Sumner Redstone’s daughter and founder of both companies.
 
This Monday, CBS’ stock plummeted more than 3% on Wall Street.
 
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