Bloomberg News

Walt Disney's (DIS) former COO has emerged as the leading candidate to run CBS Corp. CBS as it tries to move beyond a series of sexual harassment scandals, according to a published report.

Tom Staggs, who left Disney in 2016 after he fell out of running for the top job, has been "informally approached" by CBS about its interest in hiring him for the top job, The Wall Street Journal reported Tuesday.

Staggs name has been bandied about in entertainment business trade publications for months, along with the names of other likely candidates as well.

Staggs is one of ten different candidates the CBS board is considering with the help of search firm Korn Ferry. Others on the list include CBS interim CEO Joe Ianniello, CBS director Brian Goldner and Starz Chief Operating Officer Jeffrey Hirsch, the Journal reports.

Signs that CBS' CEO search is heating up come after the media company's board announced Monday that Les Moonves, its former chief executive, would not receive his $120 million severance package.

Moonves, ousted from his job last fall, was the subject of an intensive, months-long investigation by two law firms hired by CBS to examine multiple allegations of sexual harassment.

Walt Disney is a holding in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells DIS? Save 66% with our '12 Days of Holiday Deals' Sale. Join Jim Cramer's Action Alerts PLUS club for investors and get our best deal of the year. Click here for details or to sign up. 

More from Investing

Tesla's Decline Causes Concern for Almost $1 Billion in Bond Payments

Tesla's Decline Causes Concern for Almost $1 Billion in Bond Payments

Tesla Stock Falls 13% After Carmaker Unveils Job Cuts, Q4 Profit Guidance

Tesla Stock Falls 13% After Carmaker Unveils Job Cuts, Q4 Profit Guidance

CVS Reaches Pharmacy Benefits Management System Deal with Walmart

CVS Reaches Pharmacy Benefits Management System Deal with Walmart

Why Jim Cramer Is Holding Off on Buying Nvidia Stock

Why Jim Cramer Is Holding Off on Buying Nvidia Stock

Netflix Stock: Why I'm Keeping My Bird Box Blindfold On

Netflix Stock: Why I'm Keeping My Bird Box Blindfold On