CBS officials vowed Friday to investigate anticipated sexual misconduct allegations against CEO Les Moonves, but his position at the company remains unchanged.

“All allegations of personal misconduct are to be taken seriously,” according to a statement issued by the CBS Board of Directors. “The Independent Directors of CBS have committed to investigating claims that violate the company’s clear policies in that regard. Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the board will promptly review the findings and take appropriate action.”

The board noted that the allegations arise during a “very public legal dispute” between CBS and Viacom over a proposal — championed by CBS and Viacom shareholder Shari Redstone — to merge the companies. Moonves opposes such a move.

“While that litigation process continues, the CBS management team has the full support of the independent board members,” according to the board’s statement. “Along with that team, we will continue to focus on creating value for our shareowners.”

The allegations against the 68-year-old Moonves are expected to be outlined in an article by Ronan Farrow being published Friday in The New Yorker, according to various reports. According to The Hollywood Reporter, the story is believed to include allegations of unwanted kissing and touching by Moonves that occurred more than 20 years ago, along with some more recent claims.

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