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Leslie Moonves is no longer director of CBS, but he has not finished with the company yet.
Moonves will remain as unpaid adviser to CBS as part of its termination agreement, while a potential payout of $ 120 million will be awarded to a trust pending the results of the termination. an investigation into allegations of sexual misconduct. Monday.
However, due to a confidentiality clause, the results of the investigation may never be revealed. The company will be required to disclose any payments to Wall Street investors if it is important, but it seems as though it remains to be seen whether a report regarding the survey will be released.
According to the separation agreement filed Monday, CBS agreed to "seek to preserve the confidentiality of all written and oral reports of investigators in the internal investigation and all information and findings developed by or included investigators" in these written or oral reports in relation to the executive. "
Moonves and CBS have agreed to allocate $ 20 million to Moonves $ 140 million for #Metoo cases, according to the filing. Although there is still a fairly large payment, it is well below the $ 280 million that his employment contract had allowed him.
The release of Moonves Sunday night was held shortly after the New Yorker published a second article on the past of the TV chief. In the article, six other women have accused Moonves of sexual harassment or assault. The new allegations against Moonves date from the 1980s to the 2000s and The New Yorker claims they corroborated their stories.
Moonves issued a statement refuting the new charges against him: "Misleading claims made decades ago are now made against me and are not compatible with who I am."
Moonves was replaced by Joseph Ianniello, who issued a memo Monday to CBS staff in which he declared his commitment to a safe work environment.
"Culture is at the heart of any business," wrote Ianniello in the memo. "And it has never been more important for us to make it clear that CBS is resolutely committed to diversity, inclusion and a safe and positive work environment."
The departure of Moonves does not end the complaints of harassment to CBS.
Jeff Fager, executive producer of "60 Minutes" CBS News, also faces allegations of sexual harassment and misconduct, including a new charge issued Sunday by the New Yorker. Fager denied the allegations.
Shaunna Thomas, co-founder of the women's rights group UltraViolet, called for action against Fager.
"If CBS plans to take allegations of sexual harassment and assault seriously, they will have to conduct a thorough review of their policies to prevent and report sexual harassment – and will initially fire Fager," said Thomas in a statement. .
Meanwhile, some CBS employees are struggling to cope as Moonves has been very loyal to its staff at all levels. They now find themselves feeling uncomfortable in his absence, said a person familiar with the conversations.
A spokesman for CBS News was not immediately available for comment.
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