CBS investigates CEO Moonves over Misconduct Allegations

Chief Executive Officer of CBS Corporation (NYSE: CBS) Leslie Moonves became the subject of an investigation following a report on Friday over allegations made by six women of sexual misconduct.

The Independent Directors of CBS responded stating that it will be investigating the claims that violate company policies.

"All allegations of personal misconduct are to be taken seriously," said the statement issued around noon on Friday. "The Independent Directors of CBS have committed to investigating claims that violate the Company's clear policies in that regard. Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the Board will promptly review the findings and take appropriate action."

In an article reported by Ronan Farrow of The New Yorker, four women stated that Moonves was forcibly touching or kissing during business routines. Two women told Farrow that Moonves threatened to ruin their chances of success in their careers or physically intimidated them if they did not comply. All six women stated that Moonves became hostile after his advances were not reciprocated, and believed their careers were damaged following these incidents.

Moonves has addressed the incident denying these actions, stating, “Throughout my time at CBS, we have promoted a culture of respect and opportunity for all employees, and have consistently found success elevating women to top executive positions across our company. I recognize that there were times decades ago when I may have made some women uncomfortable by making advances. Those were mistakes, and I regret them immensely. But I always understood and respected—and abided by the principle—that ‘no’ means ‘no,’ and I have never misused my position to harm or hinder anyone’s career.”

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