Les Moonves

Here’s what to know for Tuesday, Dec. 18.

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 decision, which came after a five-month outside investigation, capped the downfall of one of television’s most influential figures, the biggest entertainment powerbroker to...

Actress Cybill Shepherd said her 1990s CBS sitcom was pulled after she turned down advances from now-former network head Les Moonves, an experience she called “very painful,” NBC News reported. “My show could have run another five years, but I didn’t fall on the right side of Les,” she said during an interview on SiriusXM’s The Michelle Collins Show that...

Julie Chen returned to television with an unusual sign-off days after her husband, Les Moonves, resigned as the CEO of CBS after sexual misconduct allegations.

The CBS board is deep in settlement talks with CEO Les Moonves that would result in his departure and the appointment of COO Joe Ianniello as his interim replacement, people close to the negotiations told CNBC. The talks have been going on for some time but have yet to reach a conclusion given continued back and forth about his exit...

The executive producer of the CBS news show “60 Minutes” is delaying his return from vacation until an investigation into sexual misconduct claims at the network wraps up. Meanwhile, CBS Entertainment President Kelly Kahl told reporters on Sunday that CBS isn’t saying it’s perfect and that there’s room for improvement in any large company. The executives are dealing with fallout...

Leslie Moonves, the chief executive of CBS, did not address misconduct allegations against him during the company’s earnings call on Thursday, his first opportunity to speak publicly since the allegations were first made public.

CBS CEO Leslie Moonves is leaving his post following numerous allegations of sexual misconduct that spanned much of his career, the company announced on Sunday evening. CBS announced Moonves will depart as chairman, president and chief executive officer “effective immediately.” The company said COO Joseph Ianniello will now act as president and acting CEO “while the Board conducts a search...