1. The Scandalous Truth About CEO Severance: Philippe Dauman, Viacom, and the Corporate Trend of Rewarding Major Failure with Major Payouts

    The Scandalous Truth About CEO Severance: Philippe Dauman, Viacom, and the Corporate Trend of Rewarding Major Failure with Major Payouts

    Philippe Dauman’s ouster as president, CEO and chairman of media giant Viacom couldn’t have come sooner for investors who have watched the media company fail to keep up with the times. Amid a nasty battle for control over the empire that geriatric media mogul Sumner Redstone built, Dauman emerged as a potent symbol of poor corporate governance ...

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