Les Moonves, head of CBS, resigns in the wake of sexual misconduct allegations
Les Moonves - On Sunday, six more women accused of him of varying sexual assaults, which is what seems to have triggered the immediate resignation.
Les Moonves, the head of media giant CBS, has resigned with immediate effect after he was accused of sexual misconduct. The network has been investigating the accusations against Moonves after the allegations appeared in July in the New Yorker. On Sunday, six more women accused of him of similar charges, which is what seems to have triggered the immediate resignation.
On Sunday, it was reported that the CBS' board of directors were trying to reach a settlement that would terminate longtime CEO Moonves's ties with the company before the beginning of trading on Monday morning. Current COO of CBS Joe Ianniello is expected to take over as the president and the acting CEO temporarily.