CBS' Moonves scandal shows why corporate America needs tougher CEO pay contracts
- Written by Elizabeth C. Tippett, Associate Professor, School of Law, University of Oregon
Protesters stand outside the CBS shareholder's meeting.AP Photo/Seth Wenig
Corporate America is notorious for letting disgraced CEOswalk away with millions.
Yet somehow Les Moonves, who was fired from CBS “for cause” on Dec. 17 after a monthslong investigation into his alleged misdeeds, lost US$120 million in promised severance benefits...
Read more: CBS' Moonves scandal shows why corporate America needs tougher CEO pay contracts

