from-the-trust
Viacom CEO lawyers urge speedy trial, citing Redstone’s health
June 6, 2016 by publisher · Leave a Comment
Viacom's Chief Executive Philippe Dauman, who is suing over his removal from Sumner Redstone's trust, on Monday said in a court filing that a judge should expedite the matter because the 93-year-old media mogul is in ill health and may soon not be able to provide needed evidence. A spokesman for Redstone…
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Viacom CEO lawyers urge speedy trial, citing Redstone’s health
from-the-trust
Sumner Redstone suggests he could oust Viacom board, CEO
May 28, 2016 by elegant · Leave a Comment
A judge set an early June hearing on the possible removal of CEO Philippe Dauman from the trust that will control the media company when Redstone dies or is deemed incapacitated. In a statement issued through a spokesman, Redstone, who turned 93 on Friday, said he would act in “the best interests of shareholders,” when weighing whether or not to oust Dauman…
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Sumner Redstone suggests he could oust Viacom board, CEO
from-the-trust
Sumner Redstone has power to remove Viacom CEO from his trust
May 17, 2016 by admin · Leave a Comment
Sumner Redstone has the power to remove Viacom Inc Chief Executive Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death, according to two sources familiar with the matter. There is no evidence that Sumner Redstone is considering replacing Dauman. Shari Redstone, who sits on Viacom's board, voted against Dauman's elevation to executive chairman of Viacom to replace her father in February, arguing that a member of the Redstone trust should not …
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Sumner Redstone has power to remove Viacom CEO from his trust