Ex-CBS Chief Les Moonves Will Not Get $120 Million Severance

Posted Tuesday, December 18, 2018 7:58 am

Brian Stelter | CNN Business

Ousted CBS chief executive Les Moonves "will not receive any severance payment" from the company, the board of directors said Monday evening.

The board members said they had concluded that they had ample reason to fire Moonves, thus denying him severance.

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Ex-CBS Chief Les Moonves Will Not Get $120 Million Severance

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