ends-the-legal
Viacom says CEO Dauman to resign post immediately; Dooley steps in
August 21, 2016 by elegant · Leave a Comment
By Jessica Toonkel NEW YORK (Reuters) – Viacom Inc said on Saturday that Chief Executive Philippe Dauman will resign immediately, marking a victory for the family of controlling shareholder Sumner Redstone in the battle for the $40 billion media empire. The settlement with Dauman also ends the legal fight between members of the Viacom board and Redstone's National Amusements Inc, the privately held company that holds 80 …
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Viacom says CEO Dauman to resign post immediately; Dooley steps in