Leslie Moonves, one of the television industry's most powerful executives has exited CBS. The corporation announced its chairman's exit on Sunday night, hours after The New Yorker magazine posted a story with a second round of accusations against Moonves.
A total of 12 women have alleged mistreatment, including retaliation if they resisted him. Moonves denied the charges in a pair of statements.
CBS said $20 million (Dh73.5m) will be donated to one or more organisations that support #MeToo and workplace equality for women. That sum will be deducted from any severance due Moonves, a figure that won't be determined until an outside investigation led by a pair of law firms is finished.
The network's chief operating officer, Joseph Ianniello, will take over Moonves' duties as president and CEO until its board of directors can find a permanent replacement, CBS said.
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