National Amusements Inc scouting board members for Viacom

This move is to replace Philippe Dauman and George Abrams, who were removed from Viacom’s board.

 

The Wall Street Journal has reported citing sources familiar with the matter at hand that National Amusements Inc, which holds an 80% stake of voting shares in Viacom, has started to look for potential board members for Viacom.

According to the news outlet, Judith McHale, the ex CEO of Discovery Communications, Nicole Seligman, the ex-President of Sony Entertainment, and Kenneth Lerer, a former executive of Time Warner are being considered by National Amusements for Viacom’s board.

WSJ has also reported citing sources who are familiar with the on-going discussions that Thomas May, the chairman of Eversource Energy, a utility company, is also doing the rounds.

Viacom CEO, Philippe Dauman and George Abrams, a board member, were earlier removed by National Amusements from Viacom’s board. The trust will eventually control CBS Corp and Viacom.

Viacom was not available for comments outside regular U.S. business hours.



Categories: HR & Organization, Regulations & Legal, Strategy

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