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Philippe Dauman

philippe dauman, philippe dauman net worth
Philippe Pierre Dauman3 born March 1, 1954 is the former President, CEO and Chairman of Viacom He has served at this post since September 2006 Dauman is a longtime associate of the company's chairman Sumner Redstone Dauman served from 1994 to 2000 as a member of Viacom's executive committee and as executive vice president in charge of strategic transactions, legal and government affairs, human resources and administration, supervising Paramount Pictures Entertainment, Showtime Networks and Simon & Schuster Dauman was also a director at Redstone-owned CBS Corporation until September 2006

On February 4, 2016, it was announced that Viacom's board elected Dauman as Sumner Redstone's replacement for the position of Chairman of Viacom4567

Contents

  • 1 Early life and education
  • 2 Career
    • 21 Legal issues
  • 3 Personal life
  • 4 References
  • 5 External links

Early life and educationedit

Dauman was born and raised in New York City, the son of Life magazine photographer Henri Dauman8 His parents emigrated from France 9 At 13, he got a perfect score on the SAT At Yale University he fell in love with his roommate's sister, who would become his wife10 Dauman married Deborah Ross in September 197711

Careeredit

Dauman graduated from Columbia University School of Law in 1978 and went to work for the law firm of Shearman & Sterling, where he earned $25,000 as an associate a typical salary for lawyers at the time10 After two years in the firm's Paris office, he returned to New York to work in the corporate group under partner Stephen Volk10 Handling a routine Securities and Exchange Commission form 13D filing for Volk client Sumner Redstone also a poker player in 1986 led to an advisory role in Redstone's 1987 hostile takeover of Viacom, a close personal relationship with Redstone, and a seat on Viacom’s board of directors10 Six years later, Dauman accepted an offer to join Viacom as senior vice president and general counsel, in exchange for $553,000 in salary with a $900,000 bonus10 In 1994 he earned $23 million, plus options worth millions more10 From 1993 to 1998, he also was Viacom's general counsel121314

In 2009, Dauman and Viacom launched the Get Schooled education initiative with the Bill & Melinda Gates Foundation, an effort to have American public school students not drop out of school He also hosted the Get Schooled education conference on September 8, 200915161718

Dauman is a director of Lafarge, and on the Board of Directors of the KIPP Foundation, a national network of free, open-enrollment, college-preparatory public schools in underserved communities He is also a member of the Academy of Motion Picture Arts and Sciences, a member of the Business Roundtable and serves on the Executive Committee of the National Cable & Telecommunications Association, the Board of Trustees for The Paley Center for Media, the Board of Trustees of the North Shore-Long Island Jewish Health System Foundation, the Executive Committee of the Lenox Hill Hospital and the Board of Trustees and Dean’s Council of Columbia University School of Law

Dauman took a tough stance on the reproduction of Viacom's content when Viacom sued YouTube in March 200719 Dauman discussed copyright issues with YouTube co-founder Chad Hurley and was interested in working out a deal20 Dauman and Chad could not agree over advertising terms however20

Legal issuesedit

On May 20, 2016, Dauman and George S Abrams were removed from the trust that will control Redstone's media empire Dauman said in a statement: "These steps are invalid and illegal As court proceedings and other facts have demonstrated, Sumner Redstone now lacks the capacity to have taken these steps Sumner Redstone would never have summarily dismissed Philippe Dauman and George Abrams, his trusted friends and advisers for decades"21222324 The statement also said that Dauman and Abrams' removal is "a shameful effort by Shari Redstone to seize control by unlawfully using her ailing father Sumner Redstone’s name and signature"25 Dauman has filed suit against Shari Redstone in an effort to keep his position on the Trust2627

Personal lifeedit

In the 1970s, Dauman married Deborah Ross, in an Episcopalian church2829 They have two children, Philippe, Jr, and Alexandre3

Referencesedit

  1. ^ Chozick, Amy "The Man Who Would Be Redstone" The New York Times nytimescom Retrieved 21 May 2016 
  2. ^ Cityfile profile
  3. ^ a b "The Man Who Would Be Redstone" The New York Times 23 September 2012 Retrieved 4 February 2016 
  4. ^ Jessica Toonkel 4 February 2016 "Viacom names CEO Dauman as chair; Shari Redstone opposed" Reuters Retrieved 4 February 2016 
  5. ^ "Viacom CEO Philippe Dauman becomes chairman, succeeds Sumner Redstone" Los Angeles Times 4 February 2016 Retrieved 4 February 2016 
  6. ^ "Philippe Dauman Succeeds Sumner Redstone as Viacom Chairman" The New York Times 5 February 2016 Retrieved 4 February 2016 
  7. ^ Jessica Toonkel 4 February 2016 "Viacom names CEO Dauman as chair; Shari Redstone opposed" Reuters Retrieved 4 February 2016 
  8. ^ Brigid McMenamin, The Trophy Lawyers, Forbes, November 6, 1995, 132, excerpted at length in the Wall Street Journal's law blog
  9. ^ "20 questions: Philippe Dauman, Viacom" Financial Times Retrieved 4 February 2016  Subscription required
  10. ^ a b c d e f Brigid McMenamin, The Trophy Lawyers, Forbes, November 6, 1995, 132
  11. ^ "Pay Articles from September 1977 Part 1 - Site Map - The New York Times" spiderbitesnytimescom Retrieved 2016-01-07 
  12. ^ "Who's Who at Viacom" WSJ 5 September 2006 Retrieved 21 May 2016 
  13. ^ "Freston Out, Dauman in As Viacom's CEO" Washington Post Retrieved 21 May 2016 
  14. ^ "Viacom dumps Freston as CEO - The San Diego Union-Tribune" The San Diego Union-Tribune Retrieved 21 May 2016 
  15. ^ Ted Johnson "Viacom launches Get Schooled" Variety Retrieved 21 May 2016 
  16. ^ "Companies, Nonprofits Launch 'Schooled'" AdWeek 28 August 2009 Retrieved 21 May 2016 
  17. ^ "Messages With a Mission, Embedded in TV Shows" The New York Times 2 April 2009 Retrieved 21 May 2016 
  18. ^ "Get Schooled" getschooledcom Retrieved 4 February 2016 
  19. ^ Richmond, Riva "Google's YouTube, Viacom talk deals but ready for court" Market Watch The Wall Street Journal Retrieved April 5, 2011 
  20. ^ a b Paczkowski, John "Viacom CEO Philippe Dauman" D|All Things Digital The Wall Street Journal Retrieved April 5, 2011 
  21. ^ "Viacom Chief Says Sumner Redstone Has Removed Him From Trust" The New York Times 21 May 2016 Retrieved 21 May 2016 
  22. ^ Keach Hagey 21 May 2016 "Viacom CEO Calls Attempt to Remove Him from Redstone Trust ‘Illegal’" WSJ Retrieved 21 May 2016 
  23. ^ Lucas Shaw; Edvard Pettersson 21 May 2016 "Redstone’s Empire Shaken as Viacom CEO Fights Ouster From Trust" Bloombergcom Retrieved 21 May 2016 
  24. ^ Peter Elkind 20 May 2016 "Redstone Ousts Viacom CEO from Trust That Will Control Viacom, CBS - Fortune" Fortune Retrieved 21 May 2016 
  25. ^ Jessica Toonkel 21 May 2016 "Sumner Redstone removes Viacom CEO and board member from trust" Reuters Retrieved 21 May 2016 
  26. ^ Jessica Toonkel 23 May 2016 "Viacom CEO Dauman sues to stay on Sumner Redstone trust" Reuters Retrieved 23 May 2016 
  27. ^ Steel, Emily 23 May 2016 "Viacom Chief Challenges Sumner Redstone’s Competency in Lawsuit" nytimescom The New York Times Retrieved 23 May 2016 
  28. ^ "Deborah Ross Married to Philippe Dauman" The New York Times 25 September 1977 Retrieved 4 February 2016 
  29. ^ "Deborah Ross to Wed Sept 24" The New York Times 3 July 1977 Retrieved 4 February 2016 

External linksedit

  • Video interview with Philippe Dauman

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Philippe Dauman


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