Viacom Names Jay Kushner Senior Vice President of Global Taxation and Treasury

Viacom Names Jay Kushner Senior Vice President of Global Taxation and Treasury

NEW YORK, May 3 /PRNewswire-FirstCall/ -- Viacom Inc. (NYSE:VIA)(NYSE:and)(NYSE:VIA.B) today announced the appointment of Jay Kushner to a newly created position of Senior Vice President of Global Taxation and Treasury. In this new role, Mr. Kushner will be responsible for the worldwide tax and treasury affairs of Viacom and its subsidiaries. He will report to Thomas Dooley, Senior Executive Vice President, Chief Administrative Officer and Chief Financial Officer of Viacom.

"Jay is a top-tier financial executive and has done an outstanding job managing Viacom's domestic and international tax activities," said Mr. Dooley. "By closely linking our tax and treasury functions under Jay's excellent leadership we can take even greater advantage of the talented teams we have and be sure that Viacom continues to operate effectively and efficiently in these key financial areas. We are thrilled that we have someone as capable as Jay to take on this important responsibility."

Under the new structure, Viacom's Senior Vice President & Treasurer, Toby Nelson, will report to Mr. Kushner along with Christopher Nardone and Andrew Greenberg, both Senior Vice Presidents within Viacom's Tax Department.

Mr. Kushner said, "I couldn't be more thrilled to be stepping into this new role, particularly at a time when Viacom's global financial profile is increasing in strength and stature. Toby Nelson and his team have done a terrific job in developing Viacom's capital structure and building a treasury operation that is best in class. I look forward to working with Toby as well as with Chris and Andy to build on the great program we have in place."

Mr. Kushner joined Viacom in June 2005 as the Company's Vice President and General Tax Counsel. Following the split with CBS in 2006, Mr. Kushner was appointed Viacom's Senior Vice President, Tax and International Finance. Before joining Viacom, Mr. Kushner was the Treasurer and General Tax Counsel at Young & Rubicam, Inc, a global advertising agency and marketing services company. In this position, Mr. Kushner assisted the Y&R executive team with its initial public offering and ultimate sale of the company. Prior to his time there, Mr. Kushner led the International Tax operations at PepsiCo and was an executive with Coopers & Lybrand.

Mr. Kushner graduated from Pennsylvania State University in 1978 with a bachelor's degree in Political Science, and received his J.D. from Hofstra University School of Law in 1981.

About Viacom

Viacom is a leading global entertainment content company, with prominent and respected brands. Engaging its audiences through television, motion pictures and digital platforms, Viacom seeks to reach its audiences however they consume content. Viacom's leading brands include the multiplatform properties of MTV Networks, including MTV: Music Television, VH1, CMT: Country Music Television, Logo, Nickelodeon, Nick at Nite, COMEDY CENTRAL, Spike TV, TV Land, and more than 130 networks around the world, as well as digital assets such as MTV.com, comedycentral.com, VSPOT, TurboNick, Neopets, Xfire and iFilm; BET Networks; Paramount Pictures; DreamWorks; and Famous Music. More information about Viacom and its businesses is available at www.viacom.com.

First Call Analyst:
FCMN Contact:

Source: Viacom Inc.

CONTACT: Jeremy Zweig, of Viacom Inc., +1-212-846-7503,
Jeremy.zweig@viacom.com

Web site:

http://www.viacom.com/

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