According to multiple reports, the board is meeting today to consider the scope of its inquiry. Some directors have also suggested suspending Moonves while the probe is underway, these reports state.
On Friday a New Yorker article quoted six women spanning three decades accusing Moonves of sexual harassing them. CBS issued a statement even before the article was published saying it took the allegations seriously and would begin an investigation.
If its CEO is suspended or departs altogether, CBS would lose its head honcho amid rapid change in the entertainment industry and a corporate battle with media mogul Shari Redstone, who controls both CBS and its corporate sibling Viacom.