Viacom Exec Changes: More On New CEO Dauman

Peter Lattman goes memory diving and pulls up a 1995 Forbes glow-file of Phillipe Dauman, then dubbed the country’s most powerful “Trophy Lawyer.” Dauman got his start with Sumner Redstone as a young lawyer helping him through what became a hostile takeover of Viacom. Lattman says the best lead for today’s stories would be: “Phillipe Dauman, a former Shearman & Sterling partner who for many years served as Sumner Redstone’s longtime consigliere at Viacom, has finally been named president and CEO of the media company.”
— Dauman and his partner Thomas Doley left Viacom when the short-lived Mel Karmazin era began in 2000 and formed their own PE firm DND Capital Partners, LLC. (The WSJ reported that his severance pay was roughly $150 million.) The firm co-led the Tennis Channel funding back in 2003 and is still an investor. They also invested in S

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