Les Moonves to Exit as CBS CEO Amid New Sexual Misconduct Accusations

CBS is expected to announce Monday that it has reached an agreement with longtime CEO Leslie Moonves that will see the executive step down from the company he has led for the last 15 years, CNN reported Sunday.

CNN media reporter Brian Stelter first reported the news of Moonves’ imminent departure, which is said to be part of a “global settlement” that is intended to “resolve months of litigation between Moonves and Shari Redstone.” Redstone is the controlling shareholder of CBS.


BREAKING: It’s a done deal. Les Moonves is stepping down from CBS as part of a wide-ranging corporate settlement. The deal is expected to be announced by Monday morning. https://t.co/nV57srRMjq

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