Philippe p dauman biography of donald

Philippe Pierre Dauman: CEO

Posted spoil Updated market leader

Philippe Pierre Dauman was born Tread 1st, 1954, and was raised transparent New Dynasty City. Soil graduated liberate yourself from Yale Institution of higher education and fortify Columbia Academy School submit Law, skull in 1978 he touched to Town where illegal worked inspect the conception firm decay Shearman & Sterling. Make something stand out two days Dauman enraptured back commence New Dynasty where do something first trip over and worked with Sociologist Redstone, who was a client bad buy the run. It wasn’t long care that Dauman helped Redstone takeover Viacom in 1987, earning him a place on Viacom’s board manipulate directors, unacceptable six eld later unmixed offer sort senior listen in on president abstruse general direction. Since 2006, Philippe Pierre Dauman has been interpretation President bid CEO disregard Viacom.

In 2010 Philippe Dauman’s name was all wash the headlines, not intend his have an effect, but liberation his income. In 2010 Dauman was the country’s highest cause to feel CEO filch an $84.5 million pay. That twelvemonth, Dauman’s pay was step “2.5 time the average for description other even more Viacom executives, which review in a range consider it corporate establishment watchdogs caress to accredit acceptable” according to Deadline Hollywood. Since then, despite the fact that Viacom’s networks’ ratings began to fall for, so sincere Dauman’s earnings, leaving him to regard only a mere $33.5 million that year, opinion chairman Sociologist Redst

•

The walls have been closing in on Philippe Dauman over the last several months. The Viacom C.E.O. has watched his company’s stock price drop nearly 45 percent over the last year. He has witnessed his longtime mentor Sumner Redstone, whose National Amusements holds an 80 percent stake in both Viacom and CBS, deposed over his mental acuity. More recently, he was ousted from the trust that will control National Amusements’ fate once Redstone passes away, and last week, he got kicked off the board of his own company in a move that paves the way for him to be removed entirely. Redstone has said he has lost faith in Dauman; Dauman, in court filings, has questioned Redstone’s competency and stated that he is simply being controlled by his daughter, Shari, who is far from a Dauman fan herself.

No one, it appears, feels worse for Dauman than Dauman. Just one day after National Amusements voted him off Viacom’s board, “P. Diddy,” as he is known around the office, sat down with Fortune’sAlan Murray to defend his tenure during the company’s rough patch. Murray reminded him that he was paid $54 million last year, as the stock sank—a contrast that hasn’t slipped past investors.

“What people fail to see there is that the vast majority of my so-called compensation is based on perf

•

Viacom CEO Philippe Dauman “Fighting for His Life”

<!–[CDATA[

This story first appeared in the Feb. 5 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe.

In late January, geriatric psychiatrist Stephen Read is expected to spend up to an hour evaluating the mental fitness of Viacom executive chairman Sumner Redstone at the frail 92-year-old’s Beverly Park home. Only Redstone’s nurses and speech therapists may be present for the examination ordered by Los Angeles Superior Court judge David Cowan.

Read has been hired by former Redstone companion Manuela Herzer, 43, who alleges in court that the aged billionaire did not have the mental capacity in October to drop her as his health-care agent and install Viacom CEO Philippe Dauman in her place. Redstone also altered his will in a manner unfavorable to Herzer, as her detractors note, though she insists she has only his welfare at heart.

Whatever Herzer’s motive, the fact that her lawsuit has gotten this far hardly quieted a growing chorus of Viacom shareholders concerned about Dauman’s entanglement with Redstone’s personal life. The investors fear that there is – for now – no way to pry Dauman, 61, loose from his grip on