1. CBC CEO Les Moonves Could Lose Up to $315 Million If He's Fired

    CBC CEO Les Moonves Could Lose Up to $315 Million If He's Fired

    Les Moonves Les Moonves' future as chairman and CEO at CBS, already uncertain after his legal standoff with Shari Redstone and majority shareholder National Amusements Inc., has gotten a lot more precarious since multiple women have accused him of sexual harassment...

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    1. I would assume that such allegations, if proven or confirmed by a thorough investigation, would generally constitute valid grounds of termination for cause, potentially putting the golden parachute in jeopardy.
    2. It would probably be an extreme situation for him to walk away with absolutely nothing since the golden parachute of that size will typically include several components.
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