CBS is firing Les Moonves without severance after sexual misconduct allegations

Leslie Moonves
(Image credit: Michael Loccisano / Getty Images)

CBS has decided its ousted CEO Les Moonves won't receive a severance payment.

A series of sexual misconduct allegations against Moonves were reported by The New Yorker in July. Moonves was removed as chairman and CEO of the network in early September, and CBS announced Monday he wouldn't receive a $120 million severance payment due to his "breach of employment contract" and resistance to the company's investigation, among other things.

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.