In the ongoing battle to control Viacom between its current CEO Philippe Dauman and Sumner Redstone’s daughter Shari Redstone, TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer says of Dauman that he’s one of the most overpaid CEOs in the country. ‘You can’t fire him outright. But I do not believe he stays not with that pay package.’ On the other side, is the enrichment of Philippe Dauman. ‘When someone like Bernie Sanders talks to millennials, Gen X about this idea of greed, this is going to be exhibit ‘A’,’ says Cramer.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
