Shari Redstone responds to critics on Viacom board

Shari Redstone responded through a spokeswoman to criticism by members of Viacom Inc.'s board, saying that shareholders “want new management at the top,”

the

Wall Street Journal

reported.

Viacom's lead independent director, Frederic Salerno, has said he believes Shari Redstone was behind the decision of her ailing father, Sumner, to remove CEO Philippe Dauman and director George Abrams, from the family's holding company and the trust that will oversee his controlling stakes in Viacom and CBS Corp. Shari Redstone has denied orchestrating the ousters, the


Journal


article said.

A statement from Shari Redstone's spokeswoman said “she has no desire to manage Viacom nor chair its board,” the


Journal


article said. (Source:


Wall Street Journal,


June 1, 2016.)