SAN FRANCISCO — In response to shareholder lawsuits, the board at Google parent Alphabet is investigating claims of sexual misconduct made against executives and how the company handled them.
CNBC first reported Wednesday that the company has hired an outside firm to examine how its executives handled sexual misconduct allegations.
The investigation follows lawsuits brought by shareholders after reports of sexual harassment at Google received national attention last year. One lawsuit claims the board played an active part in approving a multimillion severance package to a former executive, even after he had been accused of sexual misconduct and the claims had been found credible.
Thousands of Google employees walked out of work last fall to protest the company’s handling of sexual misconduct claims and payouts. The New York Times last year revealed that Android creator Andy Rubin received $90 million in severance after several employees filed misconduct allegations against him.
Another shareholder suit filed earlier this year revealed the board had approved a $35 million exit package to another former executive.