|19|| ||Non-Executive Chairman||Yes|
Mr. May was elected to our Board as of August 18, 2016. Until May 2017, he served as Chairman of Eversource Energy. Until May 2016, Mr. May also served as President and Chief Executive Officer of Eversource. Prior to that, Mr. May held various executive positions, including Chief Financial Officer and Chief Operating Officer.
Mr. May was also the Chairman, President and Chief Executive Officer at NSTAR when the company merged with Northeast Utilities in April 2012. Currently, Mr. May is a director of Bank of America Corporation and Liberty Mutual Insurance Company, Inc., Chairman of the Stonehill College Board of Trustees, a trustee of the Dana-Farber Cancer Institute and a Board member of the Kennedy Library Foundation.
|2|| ||Non-Executive Vice Chair of the Board||Yes|
Shari E. Redstone is a media executive with a wide-ranging background in numerous aspects of the entertainment industry and related ventures. She is Non-Executive Vice Chair of the Company’s Board of Directors, a position to which she was elected January 1, 2006. She is also Vice Chair of the Board of CBS Corporation.
Ms. Redstone is Co-founder and Managing Partner of Advancit Capital, an investment firm launched in 2011 which focuses on early stage companies at the intersection of media, entertainment and technology. Advancit is an investor in over 50 companies. Since 2000, she has been President of National Amusements, one of the top 10 movie exhibitors in the United States. In addition, Ms. Redstone is Co-Chairman of MovieTickets.com and is a member of the Board of Directors and Executive Committee for the National Theatre Owners Association.
Ms. Redstone earned a BS from Tufts University, a JD and a Masters in Tax Law from Boston University. She practiced corporate law, estate planning and criminal law in the Boston area before joining National Amusements.
With a deep commitment to the community, Ms. Redstone is actively involved in a variety of charitable, civic, and educational organizations. She is currently a member of the Board of Directors at Combined Jewish Philanthropies and the John F. Kennedy Library Foundation. Ms. Redstone sits on the Board of Trustees at Dana Farber Cancer Institute and the Paley Center for Media. She served on the Board of Directors of The National Center on Addiction and Substance Abuse -Columbia University from 2003-2012. Most recently, Ms. Redstone joined the Board and Executive Committee of “Our Time,” a mass-membership organization that stands for the economic interests and political inclusion of young Americans aged 18-30. She is also on the Local Advisory Board and Executive Committee for BUILD, a non-profit organization which uses entrepreneurship to propel low income youth through high school and into college.
Updated: August 2016
|21|| ||President and CEO, Viacom Inc. ||Yes|
Bob Bakish is President and Chief Executive Officer of Viacom Inc. and is responsible for growing Viacom’s industry-leading brands – including Comedy Central, MTV, Nickelodeon and BET – and the world-renowned Paramount Pictures film and TV studio. He was elected to our Board as of December 12, 2016.
He is focused on investing in and developing new content, expanding distribution and pursuing strategic growth opportunities in Viacom’s core businesses.
Mr. Bakish has been promoted to his new role after serving as President and CEO of VIMN – and its predecessor MTV Networks International – since 2007 and more than doubling the division’s revenue and consistently growing its profitability across that period. VIMN enjoyed its most profitable year financially in the 12 months to September 30th 2016, thanks to the success of its diversification strategy that has helped it build leading positions in some of the world’s most valuable media markets including established markets like the U.K., Italy and Spain, as well as higher growth markets such as India, Mexico, Brazil, China, Russia and Africa, where VIMN is the continent’s leading supplier of pay TV channels.
As CEO of VIMN, Mr. Bakish oversaw a massive expansion of the international footprint of Viacom’s branded TV networks, gaining distribution for Comedy Central and Nick Jr. and launching Spike and Paramount Channel – now the world’s leading ad-supported movie network – to sit alongside MTV and Nickelodeon on pay TV platforms worldwide. Viacom’s 200 plus TV channels now reach a cumulative 3.9 billion subscribers across more than 180 countries and broadcast in more than 40 languages, making it the world’s largest entertainment company by reach across TV.
In addition, Mr. Bakish built scale for Viacom in high value and high growth international media markets through the launch or acquisition of large general entertainment networks including Colors in India – through its Viacom18 joint venture with Reliance Industries – Channel 5 in the UK, which has just delivered record profits under Viacom’s ownership, and, most recently, Telefe in Argentina.
Mr. Bakish also rapidly accelerated VIMN’s digital strategy and grew online engagement with its video content, by launching a range of innovative multi-platform products, including My Nick Jr. and My MTV and mobile streaming service, Viacom Play Plex, which makes content from all Viacom’s branded TV networks available to view on-demand and on-the-go. Play Plex mobile apps have been downloaded 16M times to date and served more than half a billion streams.
Under Mr. Bakish’s direction, VIMN has also substantially increased the volume of programming it originates and owns internationally, driven in part by the launch of Viacom International Studios in Miami, and the expansion of Channel 5 Productions in the UK. VIMN has also scaled up production of short form video content for distribution via its own digital properties and third party social media platforms, including via MTV and Comedy Central’s global channels on Snapchat Discover; Viacom now has an estimated 850 million fans and followers on social media worldwide.
In addition, Mr. Bakish has expanded the ‘real world’ presence of VIMN's brands through live events, stores, theme parks and recreation.
Prior to taking over responsibility for Viacom’s international business, Mr. Bakish held a series of corporate, sales and development roles at both Viacom Inc. and Viacom’s MTV Networks (MTVN). From 2004 to 2006, he played a key role in Viacom’s senior management team, serving as Executive Vice President, Operations and Viacom Enterprises with responsibility for Strategic Planning and Business Development and a range of business units including the Famous Music Publishing Company and Famous Players Theater Circuit in Canada. He served as EVP and Chief Operating Officer, MTVN Advertising Sales, from 2001 to 2004, and was also Chairman of the Cable Television Advertising Bureau from 2003 to 2005. Prior to that, Mr. Bakish was Senior Vice President, Planning, Development and Technology at Viacom.
Before joining Viacom Inc. in 1997, Mr. Bakish was a partner with Booz Allen & Hamilton in its Media and Entertainment practice. He worked with clients in the TV, motion picture, book publishing and new media industries in the U.S., Europe, Latin America and Asia. Previously, he worked at AT&T in network systems.
Mr. Bakish has an M.B.A. from Columbia Business School and a B.S. in Operations Research from Columbia’s School of Engineering and Applied Science. Mr. Bakish serves on the boards of both schools and is also a Director on the Board of AVID Technologies, a NASDAQ-listed company.
Updated: December 2016
Ms. Falcone Sorrell was elected to our Board as of March 21, 2013. She is Senior Adviser to the Chairman at the World Economic Forum, an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.
She also serves as Principal Consultant, Office of Outreach and Partnership, for the Inter-American Development Bank, the leading source of development financing for Latin America and the Caribbean. Prior to joining the World Economic Forum in 2004, Ms. Falcone Sorrell held positions at the International Labour Organization and Shell. Ms. Falcone Sorrell is a member of the Italian National Press Guild, a board member of Internews, a media development not-for-profit organization, and a member of the advisory board of RyTV, an Internet broadcasting platform. She is also a member of the board of advisers for Tufts University’s Friedman School of Nutrition Science and Policy.
Mr. Lerer has been a member or our Board since 2016. He is a Managing Partner at Lerer Hippeau Ventures and the Chairman of Buzzfeed. Previously, he was the Chairman and Co-Founder of The Huffington Post. Currently, Mr. Lerer serves on the Boards of Group Nine Media and Fly Blade, Inc.
Mr. Lerer is Chairman Emeritus of the Public Theater in New York City and serves on the Boards of the Association to Benefit Children (ABC) and the Bank Street College of Education.
Ms. McHale was elected to our Board as of August 18, 2016. She serves as President and Chief Executive Officer of Cane Investments, LLC, which she joined in 2011. From June 2004 to December 2006, Ms. McHale served as the President and Chief Executive Officer of Discovery Communications, Inc., the parent company of Discovery Channel.
She served as its President and Chief Operating Officer from 1995 to 2004.
Ms. McHale also served as the Under Secretary of State for Public Diplomacy and Public Affairs for the U.S. Department of State from 2009 to 2011. In 2006, Ms. McHale worked in partnership with the Global Environment Fund, a private equity firm, to launch the GEF/Africa Growth Fund, an investment vehicle intending to focus on supplying expansion capital to small and medium-sized enterprises that provide consumer goods and services in emerging African markets. She currently serves on the Boards of Ralph Lauren, Corp. and Hilton Worldwide Holdings Inc., and previously has served on the Boards of SeaWorld Entertainment, Inc., Host Hotel & Resorts, Inc., DigitalGlobe Inc., John Hancock Financial Services, Inc., Potomac Electric Power Company and Yellow Pages Group.
Mr. Nelson was elected to our Board as of August 18, 2016. He serves as the Executive Chairman of the Board of Avis Budget Group, Inc. Mr. Nelson served as Chairman, President and Chief Executive Ofﬁcer of Avis Budget Group from August 2006 until December 2015 and also held the titles of President and Chief Operating Ofﬁcer from June 2010 until October 2015.
Previously, Mr. Nelson held several executive ﬁnance and operating roles, starting in April 2003, with Cendant Corporation, including as Chief Financial Ofﬁcer and President, and also served on the Board of Cendant Corporation from April 2003 to August 2006. From November 1994 to March 2003, Mr. Nelson served as Co-Chief Operating Ofﬁcer of DreamWorks SKG. Prior thereto, he was Executive Vice President, Chief Financial Ofﬁcer and a director at Paramount Communications, Inc., formerly Gulf + Western Industries, Inc. Mr. Nelson also serves on the Boards of Convergys Corporation and Hanesbrands, Inc.
Ms. Norville was elected to our Board as of March 21, 2013. She is the anchor of Inside Edition, the nation’s top-rated syndicated newsmagazine. Prior to Inside Edition, Ms. Norville served as a correspondent and anchor for CBS News programs including Street Stories, 48 Hours and the CBS Evening News. Previously, she anchored NBC News at Sunrise and was news anchor and co-host of NBC’s Today program.
Ms. Norville is a two-time Emmy award winner with more than thirty years of reporting experience and an author of several books. She is a Director of the Broadcasters Foundation of America and National Co-Chair of the Duke University Parents Committee and has been active in a number of other charities, including the Mother's March of Dimes, the Girl Scout Council of Greater New York, and the Rita Hayworth Alzheimer’s Association.
Mr. Phillips was elected to our Board as of January 1, 2006, having previously served as a director of the former Viacom Inc. since 2004. Mr. Phillips has been CEO of Infor Global Solutions since December 1, 2010. Previously, he was President of Oracle Corporation from May 2003 to September 2010 and served as a member of its Board of Directors and Executive Management Committee from January 2004 to September 2010.
Prior to Oracle, Mr. Phillips was with Morgan Stanley’s Institutional Securities Division from 1994 to 2003, where he was responsible for analyzing the enterprise software industry. Mr. Phillips served as a director of Morgan Stanley from 2006 to 2010.
Ms. Seligman was elected to our Board as of August 18, 2016. Until March 2016, Ms. Seligman served as the President of Sony Entertainment, Inc. (since June 2014) and of Sony Corporation of America (since June 2012). She also served as Senior Legal Counsel of Sony Group from June 2014 until March 2016.
Ms. Seligman previously served as Executive Vice President and General Counsel of Sony Corporation from June 2005 to June 2014.
Ms. Seligman joined Sony in 2001 and additionally served in a variety of other capacities during her tenure at Sony, including as a Corporate Executive Officer at Sony Corporation, as Group Deputy General Counsel of Sony Corporation, as General Counsel at Sony Corporation of America and as an Executive Vice President at Sony Corporation of America, a subsidiary of Sony Corporation. Ms. Seligman joined Sony Corporation of America from Williams & Connolly LLP in Washington, D.C., where she had been a Partner in its litigation practice working on a broad range of complex civil and criminal matters and counseling a wide range of clients, including President William Jefferson Clinton and Lt. Col. Oliver North. Ms. Seligman joined Williams & Connolly LLP in 1985. Ms. Seligman has been a Non-Executive Director at WPP plc since January 2014 and has served as its Senior Independent Director since April 2016. Ms. Seligman served as law clerk to Justice Thurgood Marshall on the Supreme Court of the United States from 1984 to 1985 and as law clerk to Judge Harry T. Edwards at the U.S. Court of Appeals for the District of Columbia Circuit from 1983 to 1984.