1. Articles from variety.com

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    1. California’s Effort to Boost Women on Corporate Boards Has Studies Behind It

      California’s Effort to Boost Women on Corporate Boards Has Studies Behind It

      When Harvey Weinstein was fired a year ago this week, commentators were quick to point out that all of his board members were men. Similarly, when Leslie Moonves was forced out of CBS last month, many noted that just three of the company’s 14 directors were women. The #MeToo movement has raised a question that often follows corporate disasters: Could this have been avoided if more women were in charge?...

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    2. Disney Elects Michael Froman as New Board Director

      Disney Elects Michael Froman as New Board Director

      The Walt Disney Company board announced Thursday that it has elected Michael Froman as a new director.

      Froman is the vice chairman and president of strategic growth at Mastercard, where he works to expand strategic partnerships with governments, NGOs, and other institutions. Froman also oversees Mastercard’s Center for Inclusive Growth, an independent subsidiary of the company that aims to create more equitable financial growth around the world...

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    3. CBS Shakeup: New Board Members Named

      CBS Shakeup: New Board Members Named

      CBS has made it official: Leslie Moonves is stepping down as chairman-CEO amid a cascade of sexual assault allegations and CBS and National Amusements Inc. have settled the legal battle that erupted in May over control of the company. CBS chief operating officer Joe Ianniello has been named interim CEO of the company. The shakeup at the top includes the addition of six new board members to the 14-member CBS board, which has been at odds with NAI...

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    4. Can Leslie Moonves’ Audacious Strategy Swing the Votes in CBS’ Favor?

      Can Leslie Moonves’ Audacious Strategy Swing the Votes in CBS’ Favor?

      Sumner Redstone seized control of Viacom in a hostile takeover in 1987. He then made sure that no other corporate raider could take it from him, dividing the company’s stock into voting and nonvoting shares. Thirty years later, Redstone’s absolute control is under threat not from an external foe but from within...

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    5. CBS and Viacom Merger Discussions Set to Accelerate, but Valuation Remains a Big Hurdle

      CBS and Viacom Merger Discussions Set to Accelerate, but Valuation Remains a Big Hurdle

      Board members from CBS Corp. and Viacom are expected to meet as soon as next week to begin discussions on the valuations of both companies for a possible merger. Executives at both media companies have been hip-deep in crunching numbers and preparing financial data to guide the discussions between the members of the special committees assembled to consider options for a CBS - Viacom reunion...

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    6. Shareholder Lawsuit Accuses CBS Board of Granting ‘Gratuitous’ Sumner Redstone Salary

      Shareholder Lawsuit Accuses CBS Board of Granting ‘Gratuitous’ Sumner Redstone Salary

      A CBS shareholder charges in a new legal filing that corporate board members and CEO Leslie Moonves were “recklessly profligate” when they approved nearly $13 million in pay over three years for one-time chairman Sumner Redstone , after it became clear that he was “incapacitated beyond recovery.” The most damning new evidence in the amended complaint, filed in Delaware Chancery Court, comes from Redstone’s own admissions about his condition, in a lawsuit against two former caretakers and paramours — Manuela Herzer and Sydney Holland. The filing says that the corporate leaders looked out for ...

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      Mentions: CEO stock options
    7. Viacom CEO Philippe Dauman to Skip Sun Valley Media Conference

      Viacom CEO Philippe Dauman to Skip Sun Valley Media Conference

      Viacom chief Philippe Dauman has opted not to attend Allen & Company’s Sun Valley media conference, a spokesman for the company said Thursday. The exclusive gathering of moguls and billionaires was being closely watched because Shari Redstone , who is battling with Dauman for control of Viacom, is on hand. She has been seen at the resort with CBS chief Les Moonves and with Nicole Seligman, a former Sony executive and newly named board member...

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      Mentions: Conference CEO
    8. Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting

      Moonves Shoots Down Viacom Merger Rumors, Again, at CBS Annual Meeting

      One shareholder asked the Viacom question. Leslie Moonves talked up the pending launch of Showtime as a digital-only option. The four items on the agenda were passed by better than 97% margins, and the entirety of CBS’ 2015 annual shareholders meeting on Thursday morning was completed in just under 30 minutes. “No company in better position to benefit from a dynamic shifting marketplace than CBS,” Moonves said during his state-of-the-company presentation...

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    1-12 of 12
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