Les Moonves accuser, 82, claims CBS executive 'shoved her against a wall'

CBS CEO Les Moonves reportedly set to resign after new sexual assault allegations

However, CBS said the company and Mr Moonves would donate $US20 million ($NZ30.6 million) to groups supporting the #MeToo movement.

The donation will be made immediately and deducted from any severance benefits that may be given to Moonves, the network added. Two law firms, Covington & Burling and Debevoise & Plimpton, have been hired to conduct an independent investigation into the allegations. CNBC reported last week that the board was offering an exit package of $100 million, mostly in company stock, and with the ability to claw back some of that amount depending on the confirmation of the allegations against Moonves.

CBS said in the filing that the settlement of $120 million would be put in a trust within 30 days and that Moonves could end up with nothing if the result of the investigation went against him.

Moonves's departure had been on the cards, with United States media reporting in recent days that the terms of his departure had been under negotiation for weeks, and a deal had been expected before markets open Monday.

Moonves denied the allegations in a statement, which read, "Untrue allegations from decades ago are now being made against me that are not consistent with who I am".

CBS chief Les Moonves will remain on at the network as an unpaid advisor after his resignation as CEO and chairman under a storm of sexual assault and harassment allegations, according to a report by NBC News.

After Les Moonves resigned from CBS in disgrace and yet another woman accused "60 Minutes" producer Jeff Fager of sexual misconduct, sources tell Page Six that Fager didn't show up for work on Monday. For people who were at home watching, it was just a simple accident, but behind the scenes, it landed CBS a $550,000 Federal Communications Commission fine.

The company's shares dropped 6% on the day the New Yorker published its first article detailing accusations from six women.

In January 2018, Shari began pushing for CBS to merge with Viacom which was vehemently resisted by Moonves and the CBS board.

The reported incidents occurred in the 1980s and early 2000s and include claims that the executive forced women to perform oral sex on him, exposed himself, and used intimidation and physical violence, according to The New Yorker story published on Sunday.

Ronan Farrow, a contributing writer for the New Yorker, speaks with reporters at Associated Press headquarters in NY, on July 27, 2018. Some of the women say Moonves retaliated against them and that their careers suffered after they rebuffed his advances.

Phyllis Golden-Gottlieb, for example, revealed that she'd reported her claims to the Los Angeles Police Department previous year. The article followed a similar New Yorker report from July. Dozens of other women have complained that sexual misconduct was tolerated in parts of the company.

"For me, it has been another sleepless night thinking about this, the pain that women feel, the courage that it takes for women to come forward and talk about this, and I really didn't know what I was going to say this morning", she continued.

Julie Chen did not appear on Monday's Season 9 premiere of "The Talk" on CBS the day after her husband, Leslie Moonves, was ousted as CEO-chairman of CBS Corp.

Moonves joined the former CBS Corporation in 1995 as president of CBS Entertainment. Moonves has held executive roles at Lorimar and Warner Bros., where he became CEO of the studios' production unit, helping develop shows like "ER" and "Friends". His second wife Julie Chen stood by him after the accusations first surfaced. Fager declined to comment to the New Yorker on Johansen's allegation.

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