Philippe Dauman Named Executive Chairman of Viacom, As Sumner Redstone Steps Down

Move is made over the objection of Redstone's daughter, Shari

Just 48 hours ago, Sumner Redstone was the executive chairman of both CBS Corp. and Viacom. But now, he has been replaced at both companies.

@jasonlynch jason.lynch@adweek.com Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.
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