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Viacom: Viacom's Board
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[A] critic of Viacom has expressed concerns that the corporation hasn't acted aggressively enough in the wake of the controversy. Peter Flaherty, president of the National Legal and Policy Center, said he thinks Viacom's board of directors should fire Rather and Heyward.
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Viacom Chairman Sumner Redstone, who turned 70 in 2004, has described himself as a "liberal Democrat" and has been a major financial contributor to Democrats, as are eight other members of Viacom's Board of Directors. (Two Viacom Board members served in President Bill Clinton's Cabinet.)
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Former Viacom chief Frank Biondi among Icahn's nominees for Motorola board; company says it will review candidates on the list. Activist investor Carl Icahn said on Friday he plans to nominate former Viacom chief Frank Biondi and WR Hambrecht's chairman along with two other directors to Motorola's board.... Tags: Reuters, Corporate & legal, Frank Biondi, Carl Icahn, Cell, Motorola Inc., Corporate Governance, IPO, Advertising & Promotion, Cellular Phones, Business Operations, Corporate Law, Financial Services, Marketing, Consumer Electronics, Personal Technology News items 2008-02-02
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Those strains became increasingly evident the last several weeks, numerous Viacom executives said, leading to the confrontation at Wednesday's board meeting. More details of a special board meeting that took place after the board's regular meeting came out yesterday as several directors sought to subdue the publicity surrounding the personal dispute.
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