Viacom Cuts Compensation for Sumner Redstone, Philippe Dauman
Viacom said annual compensation for its two top executives declined in 2015, when scrutiny of the New York entertainment conglomerate’s operations intensified due to speculation over the health of executive chairman Sumner Redstone and challenges to the company’s business operations. Redstone’s annual compensation fell 85% in fiscal 2015 to $2 million, compared with a total of $13 million in... Read more »