Viacom's Board Names Dauman Chairman, Replacing Aging Redstone

  • Board rejects Shari Redstone's call for someone independent
  • Directors vote 10-1 Thursday in favor of CEO's appointment

Leslie Moonves Succeeds Sumner Redstone as Chairman

Viacom Inc.’s board rebuffed Sumner Redstone’s daughter and named Philippe Dauman as chairman, marking an end to the family patriarch’s reign over the media company he’s controlled for almost 30 years.

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