Moonves could gain $120 million in severance -- or he could receive far, far less. For the time being, $120 million will sit in a "grantor trust," according to an SEC filing. That $20 million would have been a part of Moonves' severance, for a total pot of $140 million. According to the SEC filing, CBS will be paying the $120 million into the trust sometime in the next month. According to the SEC filing, Moonves may keep an office at CBS for the time being, partly to help with the corporate "transition."

Source: CNN September 10, 2018 14:37 UTC