The Amazing Race > The Amazing Race Discussion
Les Moonves
georgiapeach:
I have moved this topic here so the Discussion of this can continue.
Fair to report on the news and speculate on how this could affect TAR.
But as in ANY legal issue, all parties are presumed innocent until proven guilty.
georgiapeach:
--- Quote from: theschnauzers on July 30, 2018, 12:42:18 PM ---Unfortunately, this post involves both topics. So bear with me.
The CBS board of directors is meeting today, and is expected to make some sort of statement/announcement regarding the Moonves situation, including his taking a temporary leave of absence as CEO and/or chairman, and devising an investigation plan over the allegations. The board vice chairman is Shari Redstone. So it's not clear what the board may decide.
--- End quote ---
theschnauzers:
Here's the most pertinent part of the Deadline.com update on this situation:
--- Quote ---CBS today said its Board of Directors is in the process of selecting outside counsel to conduct an independent investigation into the allegations facing Chairman and CEO Les Moonves.
As well as letting Moonves keep his position despite multiple claims of sexual misconduct, the board Monday also postponed the annual shareholder meeting, which had been set for August 10. The meeting had already been pushed back from May amid the legal war between CBS and shareholder National Amusements.
No other action was taken on the matter at today’s board meeting, the company said.[/quote
https://deadline.com/2018/07/les-moonves-still-cbs-ceo-but-shareholder-meeting-postponed-as-board-seeks-outside-counsel-on-misconduct-allegations-1202436559/
--- End quote ---
georgiapeach:
https://www.nytimes.com/2018/07/30/business/media/moonves-cbs-board-investigation.html
georgiapeach:
https://deadline.com/2018/08/cbs-board-of-directors-appoints-special-committee-to-oversee-les-moonves-investigation-1202438523/
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