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CBS CEO Leslie Moonves, one of the most powerful men in media, is being accused of sexual misconduct.

In response, CBS released a statement without naming the 68-year-old chairman, saying it was committed to "investigating claims that violate the Company's clear policies in that regard".

"All allegations of personal misconduct are to be taken seriously", the network said in a statement. Moonves resisted that deal because he believed CBS's prospects were better without taking on Viacom's turnaround challenges. CBS has previously dealt with sexual misconduct allegations against journalist Charlie Rose, which led to his firing from the network. The New Yorker article has not yet been published.

The allegations in the article by Ronan Farrow involve incidents that go back, in part, more than 20 years, the Hollywood Reporter said, citing sources with knowledge of the matter who it didn't identify.

Farrow is the Pulitzer Prize-winning reporter who, along with The New York Times a year ago, broke the story of Harvey Weinstein's sexual misconduct. CBS is now locked in litigation with Shari Redstone, the controlling shareholder in both CBS and Viacom. He became its chief executive officer and president in 2006 and added the chairman title in 2016.

Leslie Moonves arriving at the annual Sun Valley media conference on July 11

The 11 independent members of CBS board are in the process of hiring a law firm to handle the probe.

A former actor, Moonves is married to CBS on-air personality Julie Chen.

That legal dispute, of course, is ongoing litigation between Moonves and Shari Redstone, who is the controlling shareholder in both CBS and Viacom. "Along with that team, we will continue to focus on creating value for our shareowners".

He joined the CBS leadership in 1995, where he and his team developed a series of successful shows including "Friends", "ER", "Everybody Loves Raymond", and "CSI: Crime Scene Investigation".