CBS investors ignore Moonves-sized elephant in room at meeting
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CBS Corp. executives at the company’s annual meeting in New York faced no questions about the investigation into charges of sexual harassment by former Chief Executive Officer Leslie Moonves.
The media giant held the meeting at a tense moment. Lawyers are probing whether Moonves deserves any of his $120 million severance, and women’s-rights activists threatened to protest on Tuesday morning outside of the site of the gathering, the Museum of Modern Art.
The scene inside was quiet. One shareholder asked about progress in renewing a deal with “Judge Judy” star Judy Sheindlin. Another said CBS owed him money from when he was a foreign correspondent for the network many years ago. Still another asked when the CBS broadcast network was going to have another hit, because ratings are down.
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