The Conversation

Wed Dec 19

Only Les Moonves' egregious behavior saved CBS $120M – that's why CEO contracts need to change

Written by Elizabeth C. Tippett, Associate Professor, School of Law, University of Oregon

Protesters stand outside the CBS shareholder's meeting.AP Photo/Seth Wenig

Corporate America is notorious for letting disgraced CEOs walk away with millions.

Yet somehow Les Moonves, who was fired from CBS “for cause” on Dec. 17 after a monthslong investigation into his alleged misdeeds, lost US$120 million in promised severance benefits...

Read more: Only Les Moonves' egregious behavior saved CBS $120M – that's why CEO contracts need to change

Only Les Moonves' egregious behavior saved CBS $120M – that's why CEO contracts need to change

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