Tom Dooley

Viacom, Inc. (NASDAQ: VIAB) left investors more anxious after the media company cut its dividend and fourth quarter earnings guidance, and announced the exit of interim CEO Tom Dooley. The company slashed its quarterly dividend in half, from $0.40 to $0.20, which will save about $80 million per...

Viacom, Inc. (NASDAQ: VIAB) is likely have a strategic shift under Tom Dooley, the interim CEO who is expected to succeed Philippe Dauman on a full-time basis by the end of the month. Jefferies examined various strategic options for Viacom and is not expecting any deal to come out of last week's...

The stock valuation for Viacom, Inc. (NASDAQ: VIAB) now reflects most, if not all, the negatives, according to Brean Capital’s Alan Gould, and while the sentiment is still negative on the stock, there are sufficient potential catalysts that lead to a positive risk/reward ratio. Gould upgraded...

Viacom, Inc. (NASDAQ: VIAB) said on Saturday CEO and President Phillipe Dauman would step down, remaining as non-executive Chairman until September 13. Until the company’s fiscal year ends on September 30, COO Tom Dooley will temporarily assume the CEO spot. The arrangement means all...

A new CEO change may be coming to Viacom, Inc. (NASDAQ: VIAB), according to the New York Post. Sumner Redstone, the ailing 92-year whose family controls 80 percent of Viacom's Class A voting shares, recently removed the company's CEO Philippe Dauman and George Abrams, a Viacom board member, from...