update to https://voat.co/v/pizzagatewhatever/2712542
With new board in place, CBS to decide Moonves' exit pay
The newly elected CBS board faces daunting tasks: deciding whether former CEO Les Moonves gets a $120 million exit package following a sexual-misconduct investigation and charting a path for CBS to recover after the scandal.
CBS shareholders ratified the 11 board members, including six new ones. The board now has until the end of January to decide whether CBS fired Moonves with or without cause, a determination that will affect his eligibility for severance. An investigation by two outside law firms could conclude this month.
Meanwhile, a search for a new CEO is ongoing. Strauss Zelnick, filling Moonves' role as board chairman on an interim basis, said that a recruiting firm has been hired to conduct the search and that a decision will be made in due course. CBS hasn't announced a timetable.
Moonves was ousted in September after The New Yorker published allegations from 12 women who said he subjected them to mistreatment that included forced oral sex, groping and retaliation if they resisted.
a draft report on the outside investigation found Moonves committed "multiple acts of serious nonconsensual sexual misconduct." Citing the report, the Times said he deleted numerous text messages and was "evasive and untruthful at times." The investigators issued a statement saying their work was still in progress, and a lawyer for Moonves denied any wrongdoing.
Tuesday's meeting wrapped up in less than 30 minutes without discussion of Moonves.
Because the investigation is ongoing, there was really no point in the board or company executives bringing up the allegations.....He said any mention of Moonves would have put pressure on the board to remark on the severance before the investigation results were in.
Though no shareholder raised the issue at the meeting, about a dozen protesters gathered outside as shareholders arrived. The protesters held such signs as "CBS don't reward sexual abuse" and "$120M?! Les doesn't deserve more."
"The board of directors has all the information they need to fire him with cause and to deny him the $120 million golden parachute," said Natalie Green of the UltraViolet, an online organization dedicated to fighting sexism in the public and private sectors.
She urged the board to send a message that "they stand with survivors of sexual abuse and they will hold abusers accountable."
Moonves had been one of the most admired powerbrokers in the entertainment industry. He was hailed for turning around the fortunes of CBS when he took over as entertainment chief in 1995, as he churned out such hits as "Two and a Half Men" and "Survivor." He was also one of the highest-paid executives in the nation, making about $70 million in each of the past two years.
The official agenda for Tuesday's meeting had glowing praise for Moonves' 2017 performance, his last full year as CEO. The board lauded Moonves for positioning CBS "for the digital future," growing its direct-to-consumer streaming business and lessening its dependence on traditional advertising.
It also described a management style that seems awkwardly at odds with the emerging allegations of his attempted interference in the sexual-misconduct investigation. The agenda document lauded Moonves for his successes in "management development and human resources," including developing "diversity and inclusion programs."
Dan Eaton, an expert on severance issues said, there's pressure on the board to deny Moonves his $120 million severance. Any other outcome would likely provoke a backlash, he said. Under the terms of his employment contract, Moonves is entitled to the payout only if the investigation finds he was terminated without cause.
Though Moonves could challenge a denial in arbitration, "does he really want to prolong these steamy allegations in the public mind?" Eaton said. "The longer this drags on, the greater a percentage of his obituary will be devoted to this, and not to his impressive professional accomplishments."
Oh fire the creep already. "Admired powerbroker".....what a shame he used to victimize women.
Hollywood clean up !
http://www.wdtimes.com/news/national/article_47ee9c03-2de8-538d-a721-634fa96c49fc.html
https://www.cbsnews.com/news/julie-chen-defends-husband-cbs-ceo-les-moonves-on-the-talk/
fogdryer ago
So he lost out on his exist pkg of 120 million .
He got fired.
IShallNotFear ago
I couldn't get the WDTimes article to archive through archive.is, archive.org, megalodon.jp, google cache, bing cache, gigablast cache, or exalead cache (EDIT: also tried on Yandex cache but didn't work there either). FreezePage was taking a long time to load so I had to make it through perma.cc. Here is archives: https://perma.cc/B9WA-V64S http://archive.is/TSF8s
Here is the CBS archive. This one was straight forward: http://archive.li/cgUo9
carmencita ago
She urged the board to send a message that "they stand with survivors of sexual abuse and they will hold abusers accountable."
This woman needs to get after the Catholic Church!
He had such hits as Survivor and Two and a Half Men OMG. What an accomplishment of filthy and sexual perverted garbage that was with Charlie Sheen. This man needs to be taken down finally. This power broker deserves what I hope is coming to him.He helped Letterman through his mess of an affair with Stephanie his employee. Now he is guilty of doing it with a whole slew of women. Give it up Les.
fogdryer ago
CBS News has settled a lawsuit with 3 women who accuse former host Charlie Rose of sexual harassment
CBS News has settled a lawsuit with three women who claim former host Charlie Rose sexually harassed them. The case was discontinued Friday and the terms of the settlement are confidential. The lawsuit against Rose remains open. CBS News has settled a lawsuit with three women who have accused the former CBS anchor Charlie Rose of "blatant and repeated sexual harassment" and "subsequent unlawful retaliation."
The suit against CBS News was discontinued Friday and the terms of the settlement are confidential. The suit against Rose remains open. A CBS News spokesperson told Business Insider the matter was resolved and that the plaintiffs' requested that the financial amount remain confidential. The women who filed the suit, Katherine Brooks Harris, Sydney McNeal, and Yuqing "Chelsea" Wei, worked at CBS between 2016 and 2018. They filed a suit against CBS and Rose in May in the New York Supreme Court. The suit alleged harassment, including unwanted physical touching, that they said they experienced while in their professional jobs. Rose "sexually touched Ms. McNeal, including placing his hands on her thigh and kissing her cheek," the lawsuit alleged. It claimed Rose referred to Ms. Wei as "China Doll," and said that Rose suggested that Harris and McNeal should have sex with one another. The suit claimed that Rose threatened to fire the plaintiffs and "verbally abused them as part of his predatory behavior, sexual dominance over them, and retaliation against them." The complaint also claimed that CBS was aware of Rose's harassment but failed to take action and "allowed Mr. Rose and others to continue to engage in sexual harassment for decades." Bob Bodian, an attorney for Rose, previously told news outlets that claims in the lawsuit were "without merit." Bodian did not immediately respond to a request for comment from Business Insider.
https://www.msn.com/en-us/tv/news/cbs-news-has-settled-a-lawsuit-with-3-women-who-accuse-former-host-charlie-rose-of-sexual-harassment/ar-BBQPds1?ocid=spartanntp
so glad women are coming forward....
3141592653 ago
Yes!