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Celebrities at the Ed Sullivan Theater for the last show of 'Late Show with David Letterman'
Les Moonves at the Ed Sullivan Theater for the last episode of 'Late Show with David Letterman' in New York, New York on May 20, 2015.

Report: CEO of CBS expected to step down amid sexual harassment investigation

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CBS CEO Les Moonves is expected to step down very soon, CNN's Brian Stelter reported Sunday. Two law firms are reportedly investigating sexual misconduct allegations against him.

The Associated Press reported earlier in the week that Moonves was in talks with the media giant about a proper exit plan.

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