CFO Thomas Dooley Promoted to COO of Viacom
Thomas Dooley has been promoted to the newly-created position of chief operating officer (COO) of Viacom, a leading entertainment content company. The former senior executive vice president, chief financial officer (CFO) and chief administrative officer (CAO) will continue to report to Philippe Dauman, president and chief executive officer (CEO) and to serve as a member of the Viacom board of directors. Dooley was named CAO in September 2006 and CFO of the company in January 2007. In his new role, he agreed to extend the term of his employment by five years through December 2016, whereas his previous agreement was set to expire in December 2011.
Dooley will oversee the company’s financial, legal, strategic planning, human resources, investor relations and communications activities. He will continue to work closely with Dauman on setting Viacom’s strategic and operational direction and to work with the operational teams in the company’s media networks and motion picture divisions. The company’s divisional CEOs will continue to report to Dauman. Dooley will serve as Viacom’s CFO until a successor is named.
Before being named to his most recent role, Dooley served in a number of senior executive positions at Viacom, including as deputy chairman along with Dauman from 1996 to 2000. From 2000 to 2006, he and Dauman were co-chairmen and CEOs of DND Capital Partners, a private equity firm specialising in media and telecommunication investments. Dooley held various corporate positions at Viacom from 1980 to 2000, including serving as a member of the executive committee and as executive vice president, finance, corporate development and communications. He served as a member of the Viacom board from 1996 to 2000 and rejoined the board in 2006.