Sumner Redstone - Viacom Founder and Chairman Emeritus

Chairman

Mr. Sumner M. Redstone is Chairman Emeritus of the Company. He was Executive Chairman of the Board of Viacom Inc. Mr. Redstone was our Executive Chairman of the Board of Directors since January 1, 2006. He has also served as Executive Chairman and Founder of CBS Corporation since January 1, 2006. He was Chairman of the Board of former Viacom Inc., which is now known as CBS Corporationrationration, beginning in 1987 and Chief Executive Officer of Former Viacom from 1996 to 2005. He was Chairman of the Board of National Amusements, Inc., our controlling stockholder, since 1986, its Chief Executive Officer since 1967 and also served as its President from 1967 through 1999. Mr. Redstone served as the first Chairman of the Board of the National Association of Theatre Owners and is currently a member of its Executive Committee. He was a frequent lecturer at universities, including Harvard Law School, Boston University Law School and Brandeis University. Mr. Redstone graduated from Harvard University in 1944 and received an LL.B. from Harvard University School of Law in 1947. Upon graduation, he served as law secretary with the U.S. Court of Appeals and then as a special assistant to the U.S. Attorney General. Mr. Redstone served in the Military Intelligence Division during World War II. While a student at Harvard, he was selected to join a special intelligence group whose mission was to break Japans highlevel military and diplomatic codes. Mr. Redstone received, among other honors, two commendations from the Military Intelligence Division in recognition of his service, contribution and devotion to duty, and the Army Commendation Award. since 2016.
Age 91
Tenure 8 years
Phone212 258-6000
Webwww.viacom.com

Viacom Management Efficiency

Viacom's management efficiency ratios could be used to measure how well Viacom manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 8.74 B in liabilities with Debt to Equity (D/E) ratio of 99.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Viacom Inc has a current ratio of 1.35, which is within standard range for the sector. Debt can assist Viacom until it has trouble settling it off, either with new capital or with free cash flow. So, Viacom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Viacom Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Viacom to invest in growth at high rates of return. When we think about Viacom's use of debt, we should always consider it together with cash and equity.

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As of December 4, 2019, Viacom Inc. was acquired by CBS Corporation. Viacom Inc. was incorporated in 2005 and is headquartered in New York, New York. Viacom operates under Entertainment classification in USA and is traded on BATS Exchange. It employs 10700 people. Viacom Inc (VIAB) is traded on NASDAQ Exchange in USA and employs 10,700 people.

Management Performance

Viacom Inc Leadership Team

Elected by the shareholders, the Viacom's board of directors comprises two types of representatives: Viacom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Viacom. The board's role is to monitor Viacom's management team and ensure that shareholders' interests are well served. Viacom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Viacom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Deborah Norville, Independent Director
Judith McHale, Director
Tom Gorke, Executive Vice President - Sales and Business Development, Content Distribution, Viacom Media Networks
Nicole Seligman, Director
DeDe Lea, Executive Vice President - Government Relations
Scott Mills, Chief Admin. Officer and Executive VP
Shari Redstone, Non-Executive Vice Chairman of the Board
Michael Fricklas, Executive VP, General Counsel and Secretary
Doretha Lea, Executive Vice President - Global Government Affairs
Alex Berkett, Senior Vice President - Corporate Development
Charles Phillips, Independent Director
Fukiko Ogisu, Chief People Officer, Executive Vice President
Dan Reich, Senior Vice President - Global Multiplatform Products
Blythe McGarvie, Independent Director
Ronald Nelson, Director
Wade Davis, CFO and Executive VP
Carl Folta, Executive Vice President - Corporate Communications
George Abrams, Director
Katherine GillCharest, Senior Vice President Chief Accounting Officer, Controller
Frederic Salerno, Independent Director
Philippe Dauman, Executive Chairman, CEO and Pres
Sumner Redstone, Founder and Chairman Emeritus
Robert Bakish, Acting President CEO
Ross Martin, Executive Vice President - Marketing Strategy and Engagement
William Schwartz, Independent Director
Sarah Levy, COO - Global Entertainment Group
Thomas May, Director
Kenneth Lerer, Director
Cristiana Sorrell, Independent Director
Thomas Dooley, COO, Sr. Executive VP and Director
Christa DAlimonte, Executive Vice President General Counsel, Secretary
Keyes HillEdgar, Executive Vice President - Global Business Affairs

Viacom Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Viacom a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Viacom Inc information on this page should be used as a complementary analysis to other Viacom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Viacom Stock

If you are still planning to invest in Viacom Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Viacom's history and understand the potential risks before investing.
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