Les Moonves will NOT receive $120M exit package from ViacomCBS as the ousted CEO drops his legal battle over 2018 firing amid sexual misconduct allegations ViacomCBS said Friday the long-running dispute with its former CEO has been 'resolved' and Moonves has agreed to walk away from the severance package The $120 million, which had been held in a trust, will be returned to ViacomCBS The ousted TV boss is receiving some form of settlement though the amount and terms have not been revealed; he is donating it to charity Moonves was ousted from CBS in 2018 amid allegations of sexual misconduct and harassment from multiple women spanning three decades