Today, the network officially confirmed that Moonves is gone after spending a decade and a half as CEO of the network. Chief Operating Officer Joseph Ianniello is going to serve as the acting CEO while the network looks for a successor; meanwhile, the network is looking to donate $20 million of Moonves’ severance in order to support organizations that fight for workplace gender equality.
A new report this weekend from the New Yorker started to get the ball rolling when it comes to Moonves’ exit, as there were reports of sexual harassment and assault in the workplace. After this report came out, it really just felt like it was a matter of time before the network formally made a move.
It’s a little bit early at the moment to really start speculating when it comes to what this departure means in a broader sense. For now, our heart just goes out to all of the victims in this case. CBS has a challenge moving ahead to get themselves out from under this situation, as there is often a sentiment that this sort of culture is something that can fester through an entire organization. There are going to be many questions that are asked in the weeks ahead, and for the time being, it is a little too early to have answers. (Remember that Moonves is not the only CBS employee to have been accused of misconduct during the Me Too movement.)
When it comes to CBS the network, we do not anticipate any huge changes. Yet, there almost certainly could be some big ones behind the scenes as executives do everything in their power in order to move forward.
What do you think is going to happen with CBS following the dismissal of Moonves? Be sure to share right now in the comments below.
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