Viacom has promoted Tom Dooley to the newly created position of chief operating officer and extended his contract by five years, through December 2016.
Dooley (pictured with Brad Grey, left, and Philippe Dauman, center) most recently was senior executive VP, chief financial officer and chief administrative officer.
He continues to report to Viacom president-CEO Philippe Dauman, who announced the promotion Thursday.
In the new role, Dooley will oversee Viacom’s financial, legal, strategic planning, human resources, investor relations and communications activities. He will work with Dauman on setting Viacom’s strategic and operational direction.
The Company’s divisional CEOs will continue to report to Dauman.
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," Dauman said in a statement.
"Tom’s leadership, financial acumen and operational skills have enabled him to successfully serve Viacom in a variety of important and impactful roles and to make immeasurable contributions to the growth and prosperity of our company during a time of great change in the media industry," he added.
