Pursuits

Redstone Said to Make Daughter Care Agent, Replacing Viacom CEO

  • Decision coincides with settlement talks in competency case
  • Action relieves Viacom CEO Dauman of medical oversight role

Sumner Redstone and Shari Redstone.

Photographer: Frederick M. Brown/Getty Images
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Billionaire Sumner Redstone has designated his daughter Shari as his new health-care agent, replacing longtime confidant and Viacom Inc. Chairman Philippe Dauman, people with knowledge of the matter said.

Redstone’s attorneys, separately, are conducting settlement talks with lawyers for Manuela Herzer, a former girlfriend and companion who also once filled that role, said the people, who asked not to be identified discussing private matters.