US television network CBS has fired its former chief executive Leslie Moonves and has denied him a $120 million severance package over sexual harassment and assault accusations that allegedly took place before and after he joined the media company.
CBS announced Moonves’ official termination on Monday following a board of directors review of a report of an investigation into his behavior and the network’s workplace culture.
The investigation was conducted by two law firms hired by CBS.
A report accuses Moonves of destroying evidence and seeking to mollify accusers with promises of jobs at CBS. The report also included more accusations that Moonves advanced the careers of women who had sex with him.
“We have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of company policies and breach of his employment contract, as well as his willful failure to cooperate fully with…