Friday, May 28, 2010

Viacom Promotes CFO to COO Post

Viacom Inc., which owns Paramount Pictures and cable channels MTV, BET and Comedy Central, said Thursday that it promoted its chief financial officer to the new position of chief operating officer.

Viacom said Thomas E. Dooley, 53, will oversee the company's financial, legal, strategic planning, human resources, investor relations and communications activities. He will continue to report to CEO Philippe Dauman and serve on Viacom's board.

Dooley joined Viacom in 1980. He will serve as CFO until a replacement is named.Dooley's employment agreement with Viacom was set to expire next year. It now has been extended through December 2016.

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