The network directors point to the executive's sexual abuse of women and his failure to cooperate with investigators.
The network announces the promise as its troubles deepen. Now it faces a harassment controversy involving its series "Bull."
The former CEO is said to have destroyed evidence in trying to protect his severance payments during a sexual misconduct investigation.
CBS says it has named Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.
One accuser tells The New Yorker's Ronan Farrow that Moonves' potential $100 million exit deal is "completely disgusting."
The probe is announced after Les Moonves was the subject of a New Yorker story detailing sexual misconduct allegations.
The host of "The Late Show" hits the target—and certain members of Congress—where it counts in this timely gun control takedown.
An inside look at why the corporate media egg on Trump's divisive—and lucrative—braggadocio, in the words of Les Moonves, chief executive of CBS Corp.
He's filling the seat long commanded by David Letterman, which is a gigantic deal in and of itself, but whether Colbert's version of "The Late Show" gets off the ground ultimately has to do with whether he can fly solo—on his own terms.