viacomcbs board of directors

Ianniello’s contract runs 15 months from the time the merger closes. He will receive a one-time stock grant valued at around $19.9 million (based on CBS’ closing price on Monday) in connection with the new contract and merger closing. As a member of Board of Directors at VIACOMCBS INC, Richard D. Parsons made $103,688 in total compensation. If you would like to contact the company’s non-management directors, you may send an e-mail to: nonmanagementdirectors@viacomcbs.com or write to: ViacomCBS Inc. (f/k/a CBS Corporation) 1515 Broadway New York, NY 10036 Attention: Non-Management Directors – 52nd Floor Board of Directors in ViacomCBS Inc. For its 2019 fiscal year, ViacomCBS Inc., listed the following board members on its annual proxy statement to the SEC. • Annual Performance-Based Cash Bonus. Gary Begeman has over 30 years of experience managing the legal support for a broad range of strategic, financing and commercial transactions for public and private companies. An unrelenting bigot, his jokes about Catholic priests are mean-spirited and slanderous. As a member of Board of Directors at ViacomCBS Inc., Shari Redstone made $324,542 in total compensation. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Director since: 2012 and prior service 2000-2009 Patrick H. Nettles, Ph.D. , Executive Chairman of the Board, Ciena Corporation (telecommunications) Director since: 2004 On September 9, 2018, Les Moonves exited CBS following multiple accusations of sexual assault. Eight of ViacomCBS's 27-person senior management team are also women. ViacomCBS Inc. is an American diversified multinational mass media conglomerate and formed through the merger of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were split from the first incarnation of Viacom in 2006. 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Redstone attorney Robert Klieger is also on the board representing the interests of the Redstone family’s National Amusements holding company. Media mogul Shari Redstone and other Viacom Inc. directors were accused by a pension fund of selling out the entertainment company’s shareholders by … Joe Ianniello, who will be chairman and CEO of CBS, reporting to Bakish, has also re-upped but only through the start of 2021. The companies have said they expect the deal to close by year’s end. She is a Magna Cum Laude graduate of both Harvard College and Harvard Law School. You’ll find great shows (and more) on our free-to-air channels (10, 10 Peach and 10 Bold), subscription channels (MTV, Nickelodeon, Nick Jr. and Comedy Central), our digital platform 10 Play and subscription video on demand service, 10 All Access. And The Oscar Producer Job Goes To … Steven Soderbergh, Stacey Sher & Jesse Collins. Lawton W. Fitt, Chairperson of the Board, The Progressive Corporation. But a few months ago, he started in again, the latest salvo coming on May 18. Mr. Bakish is currently the President & Chief Executive Officer of ViacomCBS. Currently, Ms. Buggeln serves as a member of the Board for publicly traded Five Below, Inc. and is a member of its Compensation Committee and Nominating and Governance Committee. Ianniello was in line to make at least $23 million this year under the terms of the short-term contract extension he signed with CBS in April. Launch dates for broadcast, cable and streaming programs, Up-to-date lists for broadcast, cable and streaming series, Pandemic-proof vs. pandemic-contingent broadcast lineups, Signup for Breaking News Alerts & Newsletters, Get our latest storiesin the feed of your favorite networks. It has built a diverse, global business by putting kids first in everything it does. According to a press release sent to The Root, Charles Phillips (managing partner and co-founder of Recognize; board member of ViacomCBS) has been elected as the nonprofit theater’s new chairman of the board of directors.Phillips will succeed Richard “Dick” Parsons, who served on the board since 2015. ViacomCBS Inc. (f/k/a CBS Corporation) 1515 Broadway New York, NY 10036 Attention: Non-Management Directors – 52nd Floor About The leading global brands in entertainment Global Brands Distinctive brands, unmatched reach As of 2020, ViacomCBS's board includes seven women directors, four of whom hold a J.D. Viacom and CBS Announce ViacomCBS Corporate Leadership. View detailed VIAC description & address. The ViacomCBS Board of Directors has declared a quarterly cash dividend to holders of both the company’s Class A and Class B common stock. 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ViacomCBS delivers premium content to important, diverse audiences through television, streaming and digital platforms, studio production, live events, and more. Following the merger-absorption of Viacom Inc. in December 2019, CBS Corporation changed its name to ViacomCBS Inc. National Amusements agreed to make no proposal of a CBS-Viacom merger for at least two … In a widely anticipated move, CBS and Viacom have agreed to reunite. Proceedings and deliberat ions of the Board and its committees are strictly confidential, and Paula E. Boggs. Viacom CFO Wade Davis will exit after the close of the merger. The filing reveals that Ianniello’s contract to run CBS-branded assets includes a stipulation that he can only be fired or have his duties modified by the ViacomCBS board of directors, even though he reports to Bakish. Would Cinemas Be Hypocritical Playing Warner Bros-HBO Max Movies After Continual Netflix Rebuff? Four former Viacom directors are on the panel: Judith McHale, Ronald Nelson, Charles E. Phillips, Jr. and Nicole Seligman. We want to hear from you! Robert M. Bakish President and Chief Executive Officer, ViacomCBS. The filing also reveals that CBS will pay Viacom a breakup fee of $560 million if it decides to call off the merger before May 13, 2020. Bakish’s 2018 compensation was about $19.9 million. ViacomCBS also revealed the board members under Shari Redstone, who will serve as chairman of the board: Candace K. Beinecke, Barbara M. … Under the previous CBS regime, Ianniello’s contract called for him to receive a severance equal to three times his average salary and bonuses for the previous three years if he was not promoted to the top CEO job after Leslie Moonves left CBS. 52.5 KB. Read Bio. Pagani Showcased This Huayra Roadster at the Geneva Motor Show. Copyright © 2020 Penske Business Media, LLC. Managing Partner, Impactive Capital LP. Redstone will serve as chairman of the board. View detailed VIAC description & address. Dean of the USC School of … He will also receive annual stock grants with a target value of $16 million. Directors designated by National Amusements, controlling shareholder of Viacom and CBS, will include NAI chief Shari Redstone, who will serve as non-executive chair, Robert N. Klieger, and Bakish… ViacomCBS Merger; Stock Performance; Dividend Information; Public Debt; Shareholder Services, Alerts, & FAQs; Corporate Governance ; Corporate Governance Guidelines Corporate Governance Guidelines. Tricia Griffith, President and Chief Executive Officer, The Progressive Corporation. … The talks had started following rumors of CBS acquiring Starz from Lionsgate. 148.6 KB. CBS directors joining the board include: Candace Beinecke, Barbara Byrne, Brian Goldner, Linda Griego, Susan Schuman and Frederick Terrell. Catholic League president Bill Donohue comments on why he is writing to the board of directors of ViacomCBS: Trevor Noah is out of control. Retired Partner, Goldman Sachs Group (financial services) Director since: 2009. Christian A. Asmar . ViacomCBS' Non-Management Directors. Networks Distribution ViacomCBS SECRETARY EVP and Chief Marketing Officer Charter Communications TREASURER SVP, Partner Marketing and National Accounts Discovery, Inc. President & CEO CTAM Members VP, Market Development and Product Management CableLabs, Inc. SVP, Head of … The new group is a media group organized around 5 areas of activity: Content, Including 'PAW Patrol'. Christina Spade, who became CFO of CBS last fall, will be CFO of the combined company at a base salary of $1.4 million. The ViacomCBS board of directors will include six CBS directors: Candace K. Beinecke, Barbara M. Byrne, Brian Goldner, Linda M. Griego, Susan Schuman and Frederick O. Terrell; and four Viacom directors: Judith McHale, Ronald Nelson, Charles E. Phillips, Jr. and Nicole Seligman. The board has been overhauled as a key part of the makeover that has followed the ouster last fall of former CEO Les Moonves. As a member of Board of Directors at ViacomCBS Inc., Shari Redstone made $324,542 in total compensation. Bakish’s predecessor Philippe Dauman, turned heads by pocketing $93 million in 2016 after presiding over years of decline at the company. Ianniello’s new contract does not have a provision for any severance payment because Ianniello is already set to receive as much as $70 million as part of a previous contractual commitment. The ViacomCBS Inc. Investor Relations website contains information about ViacomCBS Inc.'s business for stockholders, potential investors, and financial analysts. Strauss Zelnick, the media and videogame executive who had served as acting chairman of CBS in recent months, will not be on the ViacomCBS board. To: ViacomCBS Board of Directors From: Bill Donohue Date: May 20, 2020 Re: Trevor Noah. Ianniello’s deal calls for him to earn $3 million in annual salary, as per the terms of his prior contract. Name Despite the changes at CBS and Viacom merger agreement, Ianniello is still entitled to that money but, in exchange, his new 15-month contract that takes effect once the merger closes does not include a severance package. Networks Distribution ViacomCBS SECRETARY EVP and Chief Marketing Officer Charter Communications TREASURER SVP, Partner Marketing and National Accounts Discovery, Inc. President & CEO CTAM Members VP, Market Development and Product Management CableLabs, … Supplemental Code of Ethics for Senior Financial Officers. © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. Such a move is highly unlikely as Viacom and CBS controlling shareholder Shari Redstone is in favor of the deal. Almost a year ago, I contacted Viacom executives about Trevor Noah’s relentless anti-Catholic remarks. He pulled back initially, discontinuing his invective. The ViacomCBS board includes six former CBS directors: Candace K. Beinecke, Barbara M. Byrne, Brian Goldner, Linda M. Griego, Susan Schuman and Frederick O. Terrell. The Investor Relations website contains information about Avid Technology, Inc.'s business for stockholders, potential investors, and financial analysts. Of this total $124,457 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $76 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $200,009 was awarded as stock and $0 … Read Bio. Viacom would pay CBS a $373 million fee if it does an about-face on the re-marriage of the companies that were together from 2000 to 2005 but split up again in 2006. Meet Our Board of Directors. Board Committee Charters Audit Committee Charter. ViacomCBS has unveiled the 13 members of its board of directors and details of new employment contracts for president-CEO Bob Bakish and CBS chairman-CEO … ... Board Of Directors Judith A. McHale. His latest attack was May 18. ViacomCBS Senior Art Director, Brand Creative - Nick Jr. in New York, New York. The Investor Relations website contains information about ViacomCBS Inc.'s business for stockholders, potential investors, and financial analysts. Box 64874 St. Paul, MN 55164 … Dr. Elizabeth M. Daley. 94.97 KB. ViacomCBS Inc. (NASDAQ: VIAC; VIACA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B common stock. As contemplated by the Merger Agreement, on December 3, 2019, the board of directors of CBS appointed each of Robert M. Bakish, Judith A. McHale, Ronald L. Nelson, Charles E. Phillips, Jr. and Nicole Seligman (the “New Director Appointees”) to the ViacomCBS Board, effective as of the Effective Time, and on December 4, 2019, Gary L. … The $30 billion, all-stock merger is expected to get the blessing of federal regulators by the end of 2019. Disney ABC Television Group; Managing Director, International Content, Platforms and Talent Across the aisle at CBS, former CEO Les Moonves had pay packages close to $70 million in recent years. Bob Bakish, who has led Viacom as CEO since 2016 and is in position to lead the combined entity, has been signed to a four-year deal paying him a base salary of $3.1 million per year. Prior to Recognize, Mr. Phillips served as Chairman of the Board of Directors and CEO of Infor, Inc., an enterprise software applications provider. ViacomCBS International Studios is developing a TV series depicting the life of groundbreaking Spanish fashion designer Cristóbal Balenciaga with British director James Kent (“Testament of Y… Read Bio. CBS All Access Adds New Family-Friendly Features & More Nickelodeon/Nick Jr. Nearly five months after longtime Chief Executive Leslie Moonves was forced out over a widening sexual harassment scandal, CBS Corp. and its board of directors are facing a … The dividend will be payable on January 4, 2021 to stockholders of record at the close of business on December 15, 2020.. About ViacomCBS ViacomCBS has unveiled the 13 members of its board of directors and details of new employment contracts for president-CEO Bob Bakish and CBS chairman-CEO Joe Ianniello. Asked in a CNBC interview last week about the payout to Ianniello, Bakish said, “His contract is what his contract is.” Emphasizing the two executives’ 20-year connection, which began when CBS and Viacom were part of the same company, Bakish added, “We are thrilled to be moving forward together. Mr. Moore is Chairman of Energizer's Board of Directors and President and Chief Executive Officer of PJM Advisors, LLC, a private equity investment and advisory firm. Peggy is on the boards of TC PipeLines, LP and … He will be eligible to receive equity compensation with an aggregate target value of $16 million, plus a target annual cash bonus of $12.4 million, with the actual bonus determined based on a set of formulas. Moonves was ousted in September 2018 amid allegations of sexual misconduct in his past. or write to: ViacomCBS Inc. (f/k/a CBS Corporation) 1515 Broadway New York, NY 10036 Attention: Non-Management Directors - 52nd Floor. In the SEC filings, if Viacom were to terminate the deal before May 13, 2020, it would owe CBS $373 million. If you would like to contact ViacomCBS's non-management directors, you may: e-mail to: nonmanagementdirectors@cbs.com. Variety and the Flying V logos are trademarks of Variety Media, LLC. ViacomCBS Inc. is an American diversified multinational mass media ... Moonves also considered Bakish a threat because he did not want an ally of Shari Redstone as a board member of the combined company. The disclosure came Monday in a filing with the Securities and Exchange Commission, six days after Viacom and CBS at long last set an all-stock merger agreement valued at around $30 billion. If you would like to contact ViacomCBS's non-management directors, you may: e-mail to: nonmanagementdirectors@cbs.com. The responsibility of directors is to act in good faith and with due care so as to exercise their business judgment on an informed basis in what they reasonably and honestly believe to be in the best interests of ViacomCBS and its stockholders. President and Chief Executive Officer, ViacomCBS. Kate Buggeln was appointed as Ascena’s Lead Independent Director on October 4, 2018. If CBS were to pull out before that date, it would have to pay Viacom $560 million. As part of the strategic agreement, ViacomCBS will migrate operations for its entire broadcast footprint, which spans 425 linear television channels and 40 global data and media centers, to the world’s leading cloud — one of the first such … The new group is a media group organized around 5 areas of activity: Following the merger-absorption of Viacom Inc. in December 2019, CBS Corporation changed its name to ViacomCBS Inc. Director since 2019. NFL Veteran Brandon Marshall Builds House of Athlete on $10 Million Personal Investment, Everything You Need To Know Before Getting a Hoverboard for Your Kid. Officers CHAIR EVP, Chief Marketing and Sales Officer Cox Communications VICE CHAIR EVP, Marketing, U.S. Viacom and CBS followed last week’s merger news with regulatory filings Monday that laid out some key details of their long-awaited reunion, including executive compensation, board makeup and breakup fees. ViacomCBS also revealed the board members under Shari Redstone, who will serve as chairman of the board: Candace K. Beinecke, Barbara M. Byrne, Brian Goldner, Linda M. … 650 Liberty Avenue Union, New Jersey 07083 908-688-0888 Ms Seligman currently serves on the Boards of ViacomCBS Inc., Far Point Acquisition Corporation and MeiraGTx Holdings plc. Under the terms of his contract at CBS, Ianniello will get a lump-sum payment of $70 million upon the close of the merger because he wasn’t given the top job. ... Chief Human Resources Officer at Nielsen since 2017, while also serving on the Nielsen Foundation’s Board of Directors. Nickelodeon, now in its 40th year, is the number-one entertainment brand for kids. Bakish’s new contract runs for four years after the merger closing date. 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