Viacom CFO to Take New Post on West Coast
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Viacom Inc., the third-largest U.S. media company, said Chief Financial Officer Fredric Reynolds will step down to take another post that will let him spend more time with his family in Southern California. Reynolds will help President Mel Karmazin find a successor as CFO, spokesman Carl Folta said, and will assume a new executive position for the New York-based company on the West Coast. He will report to Karmazin.
Reynolds’ resignation isn’t related to his performance as CFO or any dispute with other Viacom executives, Folta said.
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