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CBS to Deny $120 Million Golden Parachute to Ex-Leader Les Moonves

HeadlineDec 18, 2018

CBS said Monday it will withhold all of a $120 million severance package for Les Moonves, former chair and CEO of the media giant. Moonves resigned in September after The New Yorker published an article detailing a slew of previously unreported sexual assault and sexual harassment allegations. His resignation came as the longtime executive producer of CBS’s “60 Minutes,” Jeff Fager, was fired for bullying and sexually harassing women employees, and less than a year after CBS’s star anchor Charlie Rose was also ousted after being accused of sexual assault and harassment.

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