· cbs announced on monday it will not pay out a controversial $ 120 million severance package to former ceo leslie moonves. · the cbs board of directors said monday that it will not pay former chairman and ceo leslie moonves the $ 120 million in severance that was due per his contract. New york (ap) — cbs announced monday that former ceo les moonves will not receive his $ 120 million severance package after the board of directors concluded he violated company policy and was uncooperative with an investigation into sexual misconduct allegations. The company said it had ample reason to fire the disgraced. · yesterday, the board of cbs —where moonves resigned as chairman and ceo in september after multiple women accused him of sexual misconduct—announced it was firing moonves for cause, and would not be paying him a $ 120 million severance package. · former cbs ceo les moonves interfered with an internal investigation in an attempt to salvage his reputation amid a raft of sexual misconduct allegations and, as a result, will not receive $ 120 million in severance , the network announced monday. · cbs 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. · viacomcbs said friday that former cbs ceo les moonves will not get his $ 120 million us severance package following his ouster in 2018, ending a long-running dispute over the money.
