Tom Dooley named Viacom COO
Extends contract with company through 2016NEW YORK-- Viacom Inc. has promoted Tom Dooley to the new post of COO.
He has most recently served as CFO, chief administrative officer and senior executive vp, and has been the right-hand man of Philippe Dauman, president and CEO.
Dooley, 53, will continue to report to Dauman and serve as a member of the Viacom board.
Viacom said Thursday that Dooley has agreed to extend the term of his employment agreement by five years through Dec. 2016. His previous agreement was set to expire in Dec. 2011.
Dooley will serve as Viacom's CFO until a successor is named.
"Tom is an extraordinary executive with financial and operational experience that extends more than 30 years, the great majority of which he has spent here at Viacom," said Dauman. "Tom has also been my partner and friend for well over two decades and I could not be more delighted that he has agreed to extend our successful collaboration for the benefit of our entire organization and all Viacom shareholders."