Jul
30

Moonves Has $300 Million on the Line as CBS Ponders His Fate

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  • CEO accused of sexual harassment by women in New Yorker report
  •  Early departure could cost him millions in lost wages, bonuses

CBS Corp. offered Leslie Moonves a contract extension last year that could pay him several hundred million dollars if he remains chief executive officer until 2021. Now that might be in flux.

Shares of the broadcaster continued to slide Monday after the New Yorker reported that six women said they’d been sexually harassed by Moonves over the years. Similar accusations have derailed the careers of numerous executives and high-profile employees at U.S. companies recently…

Moonves Has $300 Million on the Line as CBS Ponders His Fate

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