Hints and tips:
...Thomas Dooley, chief operating officer, will take his place temporarily, the company said....
...Thomas Dooley, Viacom’s chief operating officer, will become interim chief executive to the end of September as the board makes succession plans, Viacom said....
...Tom Dooley, Mr Dauman’s interim replacement, announced last week he would leave Viacom on November 15, creating a leadership vacancy at the top of the company....
CEO succeeds Sumner Redstone as chairman over his daughter’s objections
...SpringOwl says Mr Dauman and Thomas Dooley, Viacom’s chief operating officer, have received a combined $432m in pay and stock awards over the past five years despite what it calls “chronic underperformance...
...Tom Dooley, chief operating officer, said that a “strengthening in the overall tone of the ad marketplace” was helping to offset “rating deficiencies” and dismissed some analysts’ suggestions that on-demand...
...That was a dereliction of duty, given that MF Global’s back office and controls were antique and it was on regulatory probation for not having caught Evan Dooley, a rogue trader who lost $141m in 2008....
...“It’s probably the single greatest factor for the US petrochemical industry in terms of our competitiveness internationally,” says Cal Dooley, chief executive of the American Chemistry Council....
...“The ad market will get worse before it gets better,” said Tom Dooley, chief financial officer of Viacom. Viacom’s US and global advertising declined 3 per cent in the quarter....
...The experience of Mr Dooley – whose losses were racked up in electronic trading over a few hours in the early morning – shows how quickly positions can move in volatile markets....
...In February, Evan Dooley, a wheat trader at the brokerage’s Memphis office, racked up $141m (€109m, £86m) of losses in unauthorised trading, in the largest trading scandal ever to hit agricultural commodity...
...It was unclear if the price jump triggered Mr Dooley’s losses but traders said he was betting on falling wheat prices....
...The company says Mr Dooley went beyond those limits because they had lifted the controls on certain of their trading desks, and the loss was well beyond his total capital....
...Thomas Dooley, who was also a deputy chairman at Viacom before co-founding DND, will assume the newly created position of chief administrative officer....
...He described Mr Freston’s replacement, Philippe Dauman, and his new chief administrative officer, Thomas Dooley, as “more entrepreneurial, more go-get-it kind of guys”....
...* Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery; Michael Dooley, David Folkerts-Landau and Peter Garber; NBER Working Paper 10626; www.nber.org martin.wolf@ft.com...
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