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 … Read Bio. He will also receive annual stock grants with a target value of $16 million. 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. EQ Shareowner Services (Transfer Agent) Via USPS P.O. We want to hear from you! Officers CHAIR EVP, Chief Marketing and Sales Officer Cox Communications VICE CHAIR EVP, Marketing, U.S. The critical mass of women directors on the ViacomCBS board illustrates the company's strong commitment to diversity in the boardroom. 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… 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 … Robert M. Bakish. As a member of Board of Directors at ViacomCBS Inc., Shari Redstone made $324,542 in total compensation. 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. If you would like to contact ViacomCBS's non-management directors, you may: e-mail to: nonmanagementdirectors@cbs.com. Joe Ianniello, who will be chairman and CEO of CBS, reporting to Bakish, has also re-upped but only through the start of 2021. Copyright © 2020 Penske Business Media, LLC. The $30 billion, all-stock merger is expected to get the blessing of federal regulators by the end of 2019. Owner, Boggs Media LLC. 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. Media mogul Shari Redstone and other Viacom Inc. directors were accused by a pension fund of selling out the entertainment company’s shareholders by … View detailed VIAC description & address. 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. Board Committee Charters Audit Committee Charter. 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 … Eight of ViacomCBS's 27-person senior management team are also women. ), a division of ViacomCBS International Networks – which in turn is a division of ViacomCBS. 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. 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. “The Surviving Corporation Board, by Requisite Approval, will have exclusive authority to remove Mr. Ianniello from his position or modify his duties, authority or responsibilities, subject to Mr. Ianniello’s rights upon termination,” the filing states. 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. Would Cinemas Be Hypocritical Playing Warner Bros-HBO Max Movies After Continual Netflix Rebuff? “Charles ha Viacom CFO Wade Davis will exit after the close of the merger. Representing National Amusements Inc., … NEW YORK--(BUSINESS WIRE)--Oct. 21, 2020-- 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. Read Bio. Disney ABC Television Group; Managing Director, International Content, Platforms and Talent If you would like to contact ViacomCBS's non-management directors, you may: e-mail to: nonmanagementdirectors@cbs.com. Ianniello’s contract runs 15 months from the time the merger closes. Content, Including 'PAW Patrol'. Reports said that CBS and Viacom reportedly set August 8 as an informal deadline for reaching an agreement to recombine the two … Kate Buggeln was appointed as Ascena’s Lead Independent Director on October 4, 2018. Board of Directors. 52.5 KB. 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 … Paula E. Boggs. 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 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. 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. Read Bio. Meet Our Board of Directors. President and Chief Executive Officer, ViacomCBS. Pagani Showcased This Huayra Roadster at the Geneva Motor Show. We’re ViacomCBS Australia & New Zealand (Hello! Today, Amazon Web Services and ViacomCBS announced that AWS is preferred cloud provider for ViacomCBS’s global broadcast media operations. Bakish’s new contract runs for four years after the merger closing date. We are going to create a lot of value here. View detailed VIAC description & address. The dividend will be payable on January 4, 2021 to stockholders of record at the close of business on December 15, 2020.. About ViacomCBS 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. The Investor Relations website contains information about Avid Technology, Inc.'s business for stockholders, potential investors, and financial analysts. ViacomCBS' Non-Management Directors. ... Board Of Directors Judith A. McHale. 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. Across the aisle at CBS, former CEO Les Moonves had pay packages close to $70 million in recent years. If CBS were to pull out before that date, it would have to pay Viacom $560 million. 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. Company profile for ViacomCBS Inc. Cl B including key executives, insider trading, ownership, revenue and average growth rates. ViacomCBS delivers premium content to important, diverse audiences through television, streaming and digital platforms, studio production, live events, and more. Dean of the USC School of … In addition to serving on Get Schooled’s Board of Directors, Carl is a member of the Board of Trustees of St. Patrick’s Cathedral in New York City and serves on the Board of Directors of the International Radio and Television Society, and Literacy Inc. Carl graduated from Boston University’s College of Communication in 1980 with a Bachelor of Arts in Public Relations. 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 … 148.6 KB. Almost a year ago, I contacted Viacom executives about Trevor Noah’s relentless anti-Catholic remarks. Director since: 2012 and prior service 2000-2009 Patrick H. Nettles, Ph.D. , Executive Chairman of the Board, Ciena Corporation (telecommunications) Director since: 2004 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 … Board of Directors With the guidance and support of our Board of Directors, the Ad Council maximizes the industry's passion for social good. Officers CHAIR EVP, Chief Marketing and Sales Officer Cox Communications VICE CHAIR EVP, Marketing, U.S. 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. ViacomCBS also revealed the board members under Shari Redstone, who will serve as chairman of the board: Candace K. Beinecke, Barbara M. … An unrelenting bigot, his jokes about Catholic priests are mean-spirited and slanderous. 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. He pulled back initially, discontinuing his invective. Send us a tip using our annonymous form. Redstone will serve as chairman of the board. National Amusements agreed to make no proposal of a CBS-Viacom merger for at least two … Keli Lee. American Express (NYSE: AXP) today announced that Charles Phillips has been elected to its Board of Directors, effective December 1, 2020. 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. Supplemental Code of Ethics for Senior Financial Officers. Managing Partner, Impactive Capital LP. Redstone attorney Robert Klieger is also on the board representing the interests of the Redstone family’s National Amusements holding company. Director since 2019. In a widely anticipated move, CBS and Viacom have agreed to reunite. Following the merger-absorption of Viacom Inc. in December 2019, CBS Corporation changed its name to ViacomCBS Inc. Company profile for ViacomCBS Inc. Cl B including key executives, insider trading, ownership, revenue and average growth rates. Bakish’s predecessor Philippe Dauman, turned heads by pocketing $93 million in 2016 after presiding over years of decline at the company. 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. The total package of more than $31 million represents a significant hike for Bakish, who made $20 million in 2017 and 2018. Almost a year ago, I contacted Viacom executives about Trevor Noah’s relentless anti-Catholic remarks. … SUCCESS STORIES. Ms Seligman currently serves on the Boards of ViacomCBS Inc., Far Point Acquisition Corporation and MeiraGTx Holdings plc. ViacomCBS Board of Directors and Committees. Moonves was ousted in September 2018 amid allegations of sexual misconduct in his past. WarnerMedia Parent AT&T Gets DirecTV Bids Valuing Satellite Broadcaster At Over $15 Billion – Report; Stock Pops, Kevin Hart & Wesley Snipes To Star As Brothers In 'True Story', Netflix Limited Drama Series From 'Narcos' EP Eric Newman, Ryan Murphy, Steve McQueen Set For Career Tributes At IFP Gotham Awards, Will Smith Returns To Snapchat With A Second Season Of ‘Will From Home’, Tribeca Film Festival Adds Pair Of Programmers Ahead of 20th Edition, George Miller’s Tilda Swinton-Idris Elba Pic Underway In Australia; Some ‘Mad Max: Fury Road’ Crew Reuniting, Chris Rock Q&A: His Childhood Inspiration For ‘Fargo’, The “Supreme Court Of Science” America Needs Now & More. Box 64874 St. Paul, MN 55164 … In the SEC filings, if Viacom were to terminate the deal before May 13, 2020, it would owe CBS $373 million. As a member of Board of Directors at ViacomCBS Inc., Joseph A. Califano, Jr. made $324,766 in total compensation. ViacomCBS Merger; Stock Performance; Dividend Information; Public Debt; Shareholder Services, Alerts, & FAQs; Corporate Governance ; Corporate Governance Guidelines Corporate Governance Guidelines. 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. Of this total $89,000 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $28,257 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $200,009 was awarded as … Read Next: TikTok Star Eitan Bernath Joins ‘Drew Barrymore Show’ as Principal Culinary Contributor (EXCLUSIVE), NBCUniversal’s Telemundo Enterprises Restructures to Boost Content Production (EXCLUSIVE), Industry Cheers as Sarah Fuller Makes College Football History, Sinclair Broadcast Group Bets With STIRR That All Streaming Is Local, 2018 compensation was about $19.9 million, ‘The Midnight Sky’ Soars Into Oscar Race as Director George Clooney’s Magnum Opus, Nicolas Cage Hosts ‘History of Swear Words’ Series on Netflix, Natalie Desselle-Reid, ‘Madea’ and ‘B*A*P*S’ Actor, Dies at 53, Rob Dyrdek Drops $8.5 Million on Third Mulholland Estates Property, ‘True Blood’ Reboot in Early Development at HBO, Disney Investor Day Preview: What to Expect From Disney Plus, Theatrical Windows, Theme Parks, Composer Harold Budd, Collaborator With Eno and Cocteau Twins, Dies of COVID-19 Complications, Rob Lowe Pays $13 Million for Montecito’s Stonehedge Estate, Alfred Molina Reprising Role as Doctor Octopus in Tom Holland’s ‘Spider-Man 3’, ‘Promising Young Woman’: How Carey Mulligan and Emerald Fennell Made the Most Audacious, Feminist Movie of the Year, Culture Clash: Warner Bros.' HBO Max Move Signals New Day in Hollywood, Why an All-Streaming Movie World Won't Look Like You Think It Will, HBO Sets Premiere Date for Second 'Euphoria' Special Episode, ‘Father of the Bride’ Starred Dreamy Pasadena Colonial, The Last Word: Werner Herzog on the Beauty of ‘Winnie the Pooh’ and His Trump ‘Fascination’. 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. ViacomCBS Inc. (NASDAQ: VIACA, VIAC) ("ViacomCBS" or the "Company") today announced that Naveen Chopra has been appointed Executive Vice President, … Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Now It’s Headed to Auction. As a member of Board of Directors at ViacomCBS Inc., Shari Redstone made $324,542 in total compensation. She is a Magna Cum Laude graduate of both Harvard College and Harvard Law School. March 16, 2016 at 3:04 PM EDT. Prior to Recognize, Mr. Phillips served as Chairman of the Board of Directors and CEO of Infor, Inc., an enterprise software applications provider. Redstone will serve as chairman of the board. The ViacomCBS Inc. Investor Relations website contains information about ViacomCBS Inc.'s business for stockholders, potential investors, and financial analysts. The new group is a media group organized around 5 areas of activity: 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 Following the merger-absorption of Viacom Inc. in December 2019, CBS Corporation changed its name to ViacomCBS Inc. Director since: 2016. Committee(s): Compensation and Stock Option Committee, Leadership and Corporate Governance Committee Director since 2004. Robert M. Bakish President and Chief Executive Officer, ViacomCBS. All Rights reserved. 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… Board of Directors Peter M. Westley. 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 … 140.26 … CBS's board of directors was revamped with people who were open to merging; the re-merger was made possible with the resignation of Moonves, who had opposed all merger attempts. Retired Partner, Goldman Sachs Group (financial services) Director since: 2009. 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. … The unusual term has led to speculation that his role is envisioned as part of a transitional process as the companies work on integration. 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. 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. But a few months ago, he started in again, the latest salvo coming on May 18. 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. Mr. Chopra's annual base salary will be $1,400,000 per year, subject to annual merit reviews by the Compensation Committee of the ViacomCBS Board of Directors (the "Compensation Committee"). 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. … ViacomCBS Senior Art Director, Brand Creative - Nick Jr. in New York, New York. Tricia Griffith, President and Chief Executive Officer, The Progressive Corporation. And we can’t wait to get on with it.”. 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. About The Brand. He’ll earn $3.1 million a year with a target cash bonus of $12.4 million. Bakish’s 2018 compensation was about $19.9 million. CBS All Access Adds New Family-Friendly Features & More Nickelodeon/Nick Jr. The companies have said they expect the deal to close by year’s end. Dr. Elizabeth M. Daley. 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. Viacom and CBS Announce ViacomCBS Corporate Leadership. 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. On September 9, 2018, Les Moonves exited CBS following multiple accusations of sexual assault. Proceedings and deliberat ions of the Board and its committees are strictly confidential, and If elected, Parsons would be the board's 14th member and 10th independent director, the company said. • Annual Performance-Based Cash Bonus. Chairman of the Board of Avid Technology, Inc. and Partner, Blum Capital Partners, L.P. Read Bio. It has built a diverse, global business by putting kids first in everything it does. 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. Compensation Committee Charter. 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. or write to: ViacomCBS Inc. (f/k/a CBS Corporation) 1515 Broadway New York, NY 10036 Attention: Non-Management Directors - 52nd Floor. And The Oscar Producer Job Goes To … Steven Soderbergh, Stacey Sher & Jesse Collins. Variety and the Flying V logos are trademarks of Variety Media, LLC. Name Christina Spade, who became CFO of CBS last fall, will be CFO of the combined company at a base salary of $1.4 million. Four former Viacom directors are on the panel: Judith McHale, Ronald Nelson, Charles E. Phillips, Jr. and Nicole Seligman. In a widely anticipated move, CBS and Viacom have agreed to reunite. 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