Working as a CEO and raising the company’s stocks and profit is not an easy job, especially in today’s world where entertainment content are increasing rapidly and the swiftly changing technology has impacted the media industries. But Philippe has never let his company down.
Since he embarked into the entertainment and media industry, he has achieved success to a great extent. With his hard work and determination, he has established himself as a person to be watched.
In 2010, he attended Golden Heat Awards where he gave an acceptance speech. Have a look at the video.
Since 4th of February 2016, he is holding the position of the Chairman of Viacom, replacing Sumner Redstone.
Settling as a renowned and successful personality in the business sector, Philippe Dauman is currently enjoying heavy paycheck of $84 million. Such huge salary has helped Philippe Dauman in accumulating a jaw-dropping new worth of $200 million by 2016.
Philippe Dauman, the CEO and president of Viacom is reported to be receiving a salary of 84 million dollars yearly. With his over the top salary, this businessman has assembled a net worth of 200 million dollars. Let's know more about his education background.
Philippe Dauman began career with the pay check of $25000 at law firm Shearman & Sterling
Born and raised in New York, Philippe attended Yale University where he met his future wife Deborah Ross. In 1978, he graduated from the Columbia University of School of Law. Following the graduation, he started working as an associate at Shearman & Sterling. He was earning $25,000 while serving at the law firm.
Following the graduation, he started working as an associate at Shearman & Sterling. He was earning $25,000 while serving at the law firm. While working at the law firm, he met Sumner Redstone whom he helped solving a legal matter. This started a relationship between the two, along with his career in the entertainment and media industry.
After spending a couple of years in the firm's Paris office, he returned to his homeland and joined a corporate group. Philippe started to get big offers after having few work experiences.
Philippe Dauman collected $2.3 million by 2014 working as a general counsel at Viacom
Initially, he received thebig offer from a well-established media company Viacom to serve as senior vice president for which he was receiving salary amount of $553,000. For five years from 1993 to 1998, he served as the general counsel at the company. By reaching the year 1994, Dauman became able to collect a net worth amount of $2.3 million.
Along the way, passionate and dexterous Philippe steadily extended his role from a legal adviser to CEO and chairman of Viacom. He has been serving Viacom since past two decades. In 2015, it was revealed that his contract period as CEO and president of Viacom wasextended for 2 years.
As the CEO and president of the company, he is responsible for supervising one of the globe’s largest media portfolios like Nickelodeon, Comedy Central, BET, VH1, MTV and Paramount Pictures, to name a few.