Tom Dooley Is Ready for His Close-Up in Redstone Viacom Empire
- Interim CEO may ultimately get the top job permanently
- ‘He’s a very capable, well-liked guy. He knows the business’
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After decades at Viacom Inc., Tom Dooley has a 42-day audition to prove he’s the right guy to run the company.
Dooley, chief operating officer since 2010, will be interim chief executive officer through Sept. 30 under a deal approved by the board, according to a company memo Friday. The accord ends a long-running feud between the Redstone family, which controls Viacom, and Philippe Dauman, who has been CEO for 10 years. Dauman will exit with a severance package of about $72 million, people with knowledge of the matter said.