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Former CBS CEO Leslie Moonves denied $120 million severance

Name: Former CBS CEO Leslie Moonves denied $120 million severance
Uploaded: 2018-12-18T07:09:00-0500
Duration: 4 min 33 s
Description: CBS says former chairman and CEO Leslie Moonves will not get the $120 million severance payment his contract called for. The CBS board of directors said Monday there "are grounds to terminate" Moonves "for cause," allowing the company to block that payout. Jericka Duncan reports.

CBS says former chairman and CEO Leslie Moonves will not get the $120 million severance payment his contract called for. The CBS board of directors said Monday there "are grounds to terminate" Moonves "for cause," allowing the company to block that payout. Jericka Duncan reports.