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CBS faces a greater challenge if its executive director Les Moonves is marginalized while the company's board of directors investigates allegations of badual harbadment against him.
According to multiple reports, the council would meet on Monday to review the scope of your investigation. Some managers have also suggested suspending Moonves while the investigation is underway, according to these reports.
On Friday, an article in The New Yorker magazine quoted six women accusing Moonves of badually harbading them in three decades. The CBS issued a statement even before the article was published stating that it was taking the allegations seriously and that it would open an investigation.
If its general manager is suspended or completely quits, CBS would lose its managing director amidst rapid changes in the entertainment industry and a business battle with media mogul Shari Redstone, who controls to both CBS and its sister company Viacom
Moonves joined CBS in 1995 as president of CBS Entertainment and was soon promoted to executive director of CBS Television in 1998 and executive director of the new CBS company in 2006 after his separation from Viacom. It revived the company, which operates the CBS network, Showtime and other entities, with hit series such as "NCIS" and "The Big Bang Theory".
More recently, the head of CBS has taken the company to the world of streaming. Moonves introduced the CBS and Showtime streaming services, as more and more people are "cutting the cord" and watching TV on the Internet. Chain odds consistently outperform rivals in prime time.
"He did a fantastic job of focusing the company on important franchises and propelling them into the future" with streaming services, said Neil Begley, an badyst at Moody.
Moonves is also working to maintain the independence of CBS against the will of Redstone, who wants to combine CBS with Viacom.
A likely successor, at least temporarily, would be Joseph Ianniello's operations director, the badyst said. Ianniello, who has held his current position since 2003, has led major projects such as CBS All Access and Showtime Streaming Services. But his experience has been on the financial front, with financial roles in CBS from 2006 to 2013, instead of creation or sales.
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