Sumner Redstone, chairman emeritus of Viacom, said on Tuesday he has appointed two new trustees to a trust that will determine the direction of the media conglomerate and CBS.
The two trustees are executive vice president and general counsel of National Amusements, Redstone’s privately held movie theater chain, Tad Jankowski and former media executive and media analyst Jill Krutick, Redstone said in a statement.
On Friday, Coins2Day reported that Redstone had ousted his longtime protégé, Viacom CEO Philippe Dauman, as well as Dauman’s presumed ally, longtime Viacom director George Abrams, as trustees of the entity that will assume voting control of Viacom (VIAB) and CBS (CBS) upon Redstone’s death or incapacity.
For more on the fall of Redstone and the battle over Viacom, read Coins2Day’s three-part series The Disturbing Decline of Sunmer Redstone.
Dauman has said the move was illegal and has sued. The recent battle for control of Viacom is part of a long running feud between Dauman and Redstone’s daughter Shari.
