CBS CEO steps down over sexual misconduct claims

US television giant CBS announced Sunday that CEO Leslie Moonves, one of the most powerful men implicated in the #MeToo era, was stepping down immediately, following a slew of sexual misconduct allegations.

Moonves and CBS will donate USD 20 million to supporting the #MeToo movement and equality for women in the workplace, the company said.

His interim replacement will be chief operating officer Joseph Ianniello.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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