Viacom CFO Steps Down
The CFO of Viacom, Fredric Reynolds, has decided to step down from his post. Fredric served at Westinghouse Electric Corp. when they purchased CBS, subsequently overseeing the purchase of CBS by Viacom. Reynolds is leaving the post for personal reasons, but will continue working for the New York-based company in some fashion out of the California offices. He will remain CFO until a replacement can be found. A Viacom spokeswoman said, "He wants to spend more time with his family in California, and it wasn't possible for the CFO to be in California."