Les Moonves, the longtime chairman and chief executive of CBS Corp. CBS, +2.98% , is set to resign Monday, according to multiple reports, following new sexual misconduct allegations against him from six additional women.
In a New Yorker expose published Sunday morning, reporter Ronan Farrow — who first detailed allegations of sexual assault and misconduct against Moonves six weeks ago — revealed six more women have accused Moonves of sexual harassment and sexual assault, dating from the 1980s to the early 2000s. Those include claims that Moonves forced them to perform oral sex without their consent, used physical violence and intimidation and retaliated against them when his advances were rebuffed.
Just a few hours after that report was published, CNN reported that Moonves will step down as soon as Monday as part of a broader settlement for control of CBS. Moonves and Shari Redstone, the controlling owner of CBS, have been locked in bitter litigation for months.
CNN reported that Moonves could receive a $100 million payout to step down, but that the company may try to “claw back” some of that if its independent investigation finds evidence he committed sexual misconduct.
However, CBS News later reported that Moonves’ exit package may be withheld entirely, pending the results of the investigation.CBS News also reported Moonves is expected to step down Monday.