VIACOM INC. (NASDAQ:VIA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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VIACOM INC. (NASDAQ:VIA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c), (d) On December 12, 2016, the Board of Directors (the “Board”) of Viacom Inc. (the “Company”) announced that it had appointed Robert M. Bakish as President and Chief Executive Officer and that it had elected Mr. Bakish as a member of the Board, effective immediately. Mr. Bakish had served as Acting President and Chief Executive Officer since November 15, 2016.
The Board also increased the size of the Board to 15 members from 14 members.
Mr. Bakish was not selected as a director to an arrangement or understanding with any other person.
A copy of the press release announcing Mr. Bakish’s appointment and the election of Mr. Bakish to the Board is filed as Exhibit 99 hereto and incorporated by reference herein in its entirety.
Section 8 – Other Events
Item 8.01
Other Events.
On December 12, 2016, Viacom Inc. issued the press release that is filed herewith as Exhibit 99. The press release is incorporated by reference herein in its entirety.
Section 9 – Financial Statements and Exhibits
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is filed as part of this Current Report on Form 8-K:
Exhibit No.
Description of Exhibit
Press release of Viacom Inc. dated December 12, 2016.
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About VIACOM INC. (NASDAQ:VIA)

Viacom Inc. offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries. The Company operates through two segments: Media Networks and Filmed Entertainment. The Media Networks segment creates, acquires and distributes programming and other content for audiences The Media Networks segment provides entertainment content and related branded products for advertisers, content distributors and retailers. The Filmed Entertainment segment produces, finances, acquires and distributes motion pictures, television programming and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Paramount Animation, Insurge Pictures, Nickelodeon Movies, MTV Films and Paramount Television brands.

VIACOM INC. (NASDAQ:VIA) Recent Trading Information

VIACOM INC. (NASDAQ:VIA) closed its last trading session down -0.30 at 38.60 with 101,313 shares trading hands.