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 WenigCorporate America is notorious for letting disgraced CEOswalk 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...
