Les Moonves Forfeited Most of 2018 Earnings, New CBS Head Joe Ianniello Got $5 Million Pay Bump
Leslie Moonves took a big hit in his compensation after being forced to resign as CEO of CBS last year.
Moonves, who stepped down in September following multiple sexual misconduct accusations against him, forfeited $34.5 million of his $42.5 million in stock awards as part of his separation agreement, according to the company’s proxy filing with the Securities and Exchange Commission on Friday.