CBS CEO Les Moonves Could Lose Up to $315 Million If He's Fired

[Yo_Mama_Been_Loggin]

Les Moonves' future as chairman and CEO at CBS, already uncertain after his legal standoff with Shari Redstone and majority shareholder National Amusements Inc., has gotten a lot more precarious since multiple women have accused him of sexual harassment.

What's more, his ouster under either circumstance could jeopardize a golden parachute worth between $184 million and $315 million, according to company filings with the Securities and Exchange Commission.

The independent counsel hired by the CBS board on Monday to investigate the misconduct accusations from last Friday's New Yorker exposé could prove to be the bigger threat to Moonves' payout should he be forced out of the company he's led for 15 years.


I would assume that such allegations, if proven or confirmed by a thorough investigation, would generally constitute valid grounds of termination for cause, potentially putting the golden parachute in jeopardy," CFRA analyst Tuna Amobi told TheWrap via email.

https://www.msn.com/en-us/money/companies/cbs-ceo-les-moonves-could-lose-up-to-dollar315-million-if-hes-fired/ar-BBLkKof?li=BBnbfcN

[HipChick]

1. oh well..add in the divorce payouts

when his current wife, who he had an affair with, while he was married to his previous wife ..dumps him..

[Raine]

3. If he does it for you

he'll do it to you ... wise up Julie and dump his sorry ass!

[JI7]

11. she said she is standing by him

[Raine]

2. I hope so

would serve him right!

[HipChick]

4. Cost of not keeping your hands to yourself

and keeping it in your pants..

[ProfessorGAC]

5. And Really, What's So Hard About That?

Geez, these guys act like dingos during estrus.
How difficult is it to treat women nicely and keep your hands off?

[HipChick]

6. It's about power...

the one thing they seem to have in common..

[ProfessorGAC]

10. Don't Get That Either

If one is rich and powerful, one (& everyone else) knows their power.
The need to demonstrate it in this way is pathetic.

[TeamPooka]

9. I think the same think about some dog owners. It only takes two actions to be a good dog owner in

public: keep your dog on a leash and pick up its poop.
But these are the two things so many just can't seem to do.

[gratuitous]

7. But think of the ratings!

Les was over the Moonves in 2016 with all the revenue CBS was raking in thanks to Trump's candidacy. Moonves knew Trump was bad for the country, but the money was just too good. When it came down to the country or money, well, let's just say that the editorial die was cast at CBS and the country really never stood a chance.

Now, Moonves' personal, professional, and political troubles seem hardly comparable to the unnecessary suffering of millions across the nation under the Trump administration. But his problems could be a ratings gold mine for CBS. What to do, what to do? Your move, Tiffany Network.

[Initech]

8. Womp womp!