CBS Weighs Moonves Suspension Over Assault Claims

Adjust Comment Print

After her husband, CBS CEO Leslie Moonves, was accused of sexual misconduct by six women last week in an extensive New Yorker exposé, Julie Chen opened Monday's episode of The Talk (which airs on CBS) to address the allegations.

Chen, who has been married to Moonves for 14 years, then turned to the camera and said, "Some of you may be aware of what's been going on in my life the past few days. I issued the one and only statement I will ever make on this topic on Twitter, and I will stand by that statement today, tomorrow, forever".

"No other action was taken on this matter at today's board meeting", it read.

Moonves is the latest executive to come under scrutiny by the #MeToo social movement, which has sought to hold accountable male business leaders, politicians and entertainers for sexual misconduct, leading to resignations in major corporations, Hollywood and among lawmakers.

On Friday, she tweeted that her husband is a "kind, decent and moral human being" and she "fully supported" him.

The CBS annual meeting is scheduled for August 10. Moonves did acknowledge trying to kiss actress and writer Illeana Douglas, according to the statement provided to The New Yorker.

Cohen says Trump knew about Trump Tower meeting with Russians
The Russian government said through intermediaries to Trump Jr. that it was supporting Trump and wanted to help the campaign. Sounds to me like someone is trying to make up stories in order to get himself out of an unrelated jam (Taxi cabs maybe?).

If Moonves is suspended or departs altogether, CBS will face a serious power vacuum at a time of rapid change roiling the industry. They're expected to select a special committee to oversee the investigation into Moonves's conduct and the broader culture at CBS, which will reportedly be carried out by an outside law firm.

In a statement to The New Yorker, Moonves acknowledged that he "may have made some women uncomfortable by making advances. I couldn't get him off me", she said. Those were mistakes, and I regret them immensely. CBS is locked in a battle with National Amusements Inc., led by Shari Redstone, over her desire to recombine the company with Viacom Inc., another family holding.

But he added that he had "never misused my position to harm or hinder anyone's career".

Corporate governance experts said there could be several reasons why CBS's board may not want to fire Moonves, including its fiduciary duty to shareholders to minimize the company's legal liabilities.

"Regardless of Moonves' personal fate, his future and the future of nine other CBS board of directors is now in question".

Comments