CEO Shake-Up May Allow Viacom To Resume Focusing On Operations Rather Than Legal Battles

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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.

Latest Ratings for VIAB

Date Firm Action From To
Aug 2016 Deutsche Bank Maintains Hold
Jul 2016 Atlantic Equities Upgrades Underperform Neutral
Jul 2016 Wells Fargo Downgrades Market Perform Underperform

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