Leslie Moonves forfeited nearly $34.5 million of his compensation package as part of a separation agreement with CBS amid accusations of sexual harassment last year
Former CBS Corp. Chief Executive Leslie Moonves forfeited nearly $34.5 million of his compensation package as part of a separation agreement with the company amid accusations of sexual harassment last year, the company said in a securities filing Friday.
Before he was forced to resign, Mr. Moonves was slated to receive total compensation of about $47 million in cash and stock awards in 2018, according to the filing. The separation agreement reduced Mr. Moonves’ compensation, cutting his stock awards, but he still received...
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