CBS Boss Les Moonves Departs After Fresh Sexual Harassment Allegations
Les Moonves will also be donating $US 20 million to organisations that support #MeToo.
CBS has announced that chairman, president and CEO Les Moonves will depart the company immediately, following new allegations of sexual assault and harassment.
Moonves will also donate $US 20 million ($28 million) to one or more organisations "that support the #MeToo movement and equality for women in the workplace."
The organisations have not yet been specified, but the donations will be made "immediately", CBS said. It will be deducted from any severance benefits that may be due Moonves following an independent investigation into the allegations.
He will not receive any compensation other than "certain fully accrued and vested compensation and benefits"; an exact figure has not been released, but Moonves was one of the highest paid CEOs in the world.
The announcement came hours after fresh allegations of sexual assault or harassment from six more women, published in the New Yorker. It includes a harrowing account of forced oral sex.
CBS announced a complete changeover of the board of directors, with six new independent directors elected.
Chief Operating Officer Josh Ianniello has been appointed president and acting CEO while the board searchers for Moonves' replacement.
CBS owns Network Ten.