LYCOS RETRIEVER 
Sumner Redstone: Shari Redstone
built 236 days ago
Sumner Redstone thinks he'll live forever. Last fall on CNBC's "Conversations with Michael Eisner" when Eisner asked what his succession plan was, he said he'd live forever. If Thursday's news is any indication he was serious! It's been widely reported--first in Fortune and then ... immediately in The Wall Street Journal, that Sumner and Shari Redstone had a huge falling out and that Shari would be stepping down from Viacom's
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One analyst who asked to not be named said it was not a surprise that Sumner and Shari were feuding since Sumner Redstone has been notoriously tough to work for. This is not the first time Sumner has had problems with family members either. Sumner’s son Brent sued him — that ended with Sumner buying out Brent’s stake in the family business — and Sumner is currently being sued by his nephew Michael.
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Funds provided by Mr. Redstone will support and expand The Research Acceleration and Innovation Network (TRAIN), a groundbreaking program created by FasterCures in 2004. TRAIN coordinates the work of more than two dozen non-profit, disease-research organizations and dramatically improves their effectiveness by sharing best practices, standardizing data collection, and enhancing dialogue with philanthropic and investment communities. FasterCures, which believes collaboration is essential to successful innovation, convenes the TRAIN network to accelerate medical solutions by uncovering the best approaches to get patients connected to treatments. The TRAIN groups are making significant strides in getting treatments to patients with diseases as diverse as Prostate Cancer, Breast Cancer, Alzheimer's, Diabetes (both Type 1 and 2), Autism, Brain Cancer, HIV/AIDS, Malaria, Epilepsy, MS, Parkinson's, Heart Disease, ALS, Cystic Fibrosis, Multiple Myeloma, and many others.
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Shari is not the first executive close to Redstone -- too close, evidently -- that ended up under a bus. She isn't even the first member of her family to have a falling-out with her fiery father.
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Shari Redstone