CEO Dauman takes over chair at Viacom, replacing Redstone
LOS ANGELES (AP) — Aging media mogul Sumner Redstone stepped down as executive chairman of Viacom on Thursday and was replaced by CEO Philippe Dauman, a move that immediately disappointed investors. Investment adviser SpringOwl, which holds a stake of undisclosed size in Viacom, had also opposed Dauman's bid for the chairmanship, calling instead for an independent director. Mario Gabelli, whose Gabelli Asset Management Inc. owns 10 percent of Viacom's voting shares, told CNBC on Thursday that Dauman... Читать дальше...