Mel, Sumner defend plump pay packages
Tags: EXECUTIVES; REDSTONE, Sumner, 1923-; KARMAZIN, Mel; VIACOM Inc. (1971-2005)
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- Viacom's Execs' Feud Comes to Head. Farrell, Mike // Multichannel News;2/4/2002, Vol. 23 Issue 5, p47
Focuses on the conflict between chairman Summer Redstone and chief operating officer Mel Karmazin of Viacom Inc. in the United States. Decision of Redstone on the contract of Karmazin; Merger between Viacom and CBS Corp.; Need of Redstone to convince the board in order to fire Karmazin.
- BIG BOARD GAMES. Amour, Meredith // Daily Variety;4/8/2003, Vol. 279 Issue 2, p1
Reports on developments concerning executives and board members entertainment conglomerate Viacom as of April 8, 2003. Amount of bonuses received by top executives Sumner Redstone and Mel Karmazin; Executives who will step down from the board of CBS; Executives who were granted options for...
- Viacom: The Next Generation. // Broadcasting & Cable;6/7/2004, Vol. 134 Issue 23, p5
Provides information of Leslie Moonves and Tom Freston, both appointed COO of Viacom in the wake of Mel Karmazin's departure from the company. Declaration of Sumner Redstone that one of the two executive will replace him as Viacom chairman; Information on the management styles of Moonves and...
- Viacom: Flat and happy. McClellan, Steve // Broadcasting & Cable;2/18/2002, Vol. 132 Issue 7, p8
Focuses on the effects of the relationship between Viacom Inc. executives Sumner Redstone and Mel Karmazin on the financial status of the firm in the U.S. Percentage increase earnings as of February 2002; Values of the pro forma revenues; Views of other media companies on the performance of Viacom.
- At Viacom, Les indeed may be more. Amdur, Meredith // Daily Variety;1/21/2003, Vol. 278 Issue 14, p1
Reports on possible replacements for Viacom chairman and leading shareholder Sumner Redstone should he leave. Uncertainty over Mel Karmazin's position as president of the company; Company's efforts to extend Les Moonves' contract; Consideration of Tom Freston, Moonves and Richard Bressler as...
- Not seeing eye to eye? McClellan, Steve // Broadcasting & Cable;02/04/2002, Vol. 132 Issue 5, p10
Reports the impact of the tension between Chief Executive Summer Redstone and Chief Operating Officer Mel Karmazin on the stock earnings of Viacom. Refusal of Redstone to renew the contract of Karmazin; Hesitation of investors on the state of the company; Speculation of Merril Lynch to change...
- Top Viacom duo checks in with a good year at office. Bennett, Ray; Taylor, Joel // Hollywood Reporter -- International Edition;4/20/2004, Vol. 383 Issue 26, p93
Media company Viacom Inc. paid its two top executives�chairman and CEO Sumner Redstone and president and chief operating officer Mel Karmazin�a higher salary but slightly lower bonuses last year. The company also said that two of its board members are not standing for re-election at Viacom's...
- Viacom reaches new 3-year deal with Karmazin. // Hollywood Reporter -- International Edition;3/25/2003, Vol. 377 Issue 47, p79
Viacom Inc. confirmed on March 2003 that it had reached a three-year employment contract with president and chief operating officer Mel Karmazin. The contract� which takes effect May 5, 2003 along with a simultaneous new employment pact for chairman and CEO Sumner Redstone� somewhat directs...
- Viacom cools jets on pacts. Goldsmith, Jill // Daily Variety;5/20/2004, Vol. 283 Issue 33, p1
Reports that television firm Viacom Inc. chairman and chief executive officer Sumner Redstone denies the news that he and Mel Karmazin have conflicts in the United States. Annual shareholders' meeting; Plans of the firm's governance committee to discuss succession and its weak stocks; Cash flow...
