Les Moonves isn't hiding amid sexual harassment allegations

Les Moonves isn't hiding amid sexual harassment allegations

Les Moonves isn't hiding amid sexual harassment allegations

Shares of CBS fell almost 6 percent by midafternoon Monday following a New Yorker report on Friday detailing allegations made by six women of sexual misconduct by Moonves over more than two decades.

The media and TV company on Friday disclosed plans for a probe after the New Yorker magazine published an article bit.ly/2mMB151 detailing claims by six women who said Moonves sexually harassed them in incidents between 1985 and 2006.

The US television network's board said it would also reschedule its annual shareholders meeting, which was due for 10 August, to a later date.

CBS had previously retained attorney Betsy Plevan of Proskauer Rose to conduct an independent investigation of alleged misconduct at CBS News in the wake of a report by the Washington Post that led to the firing of Charlie Rose, co-host of "CBS This Morning". Moonves did acknowledge trying to kiss actress and writer Illeana Douglas, according to the statement provided to The New Yorker. The board on Friday said it would initiate an investigation into the allegations made about Moonves and the culture of CBS...

"In a millisecond, he's got one arm over me, pinning me", she told Farrow, adding that he was "violently kissing" her. I will ruin your career. "Do you understand what I'm saying to you?'"

Moonves, who transformed CBS into a ratings victor after joining the network in 1995, is one of the most powerful American men implicated in the #MeToo era that ignited past year after the career implosion of Harvey Weinstein. "All allegations of personal misconduct are to be taken seriously", they said in a statement.


CBS Corporation is the parent company of CBS News.

If Moonves is suspended or departs altogether, CBS will face a serious power vacuum at a time of rapid change roiling the industry.

"Half of that Ronan Farrow article was about "60 Minutes", Jeff Fager, the way that sexual harassment claims were handled", Hagey said before the board's decision.

"Throughout my time at CBS, we have promoted a culture of respect and opportunity for all employees, and have consistently found success elevating women to top executive positions across our Company", Moonves said.

Moonves expressed regret for any behavior that may have made women "uncomfortable", but insisted he had not retaliated to "harm or hinder anyone's career".

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