CBS says former CEO Les Moonves will not receive severance pay after sexual misconduct probe

Drew Angerer | Getty Images

Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho. 

Former CBS CEO Les Moonves will not receive his $120 million severance package following a sexual misconduct probe, the company’s board of directors announced Monday evening.

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