Richard Bessler Leaving Viacom in March

Posted on February 23, 2005

Viacom Inc. announced that Richard J. Bressler, Senior Executive Vice President and Chief Financial Officer, has notified the company that he will not renew his contract, which expires in March 2006. Viacom will begin a search for a successor to Mr. Bressler, who will stay on until a new Chief Financial Officer is in place. Mr. Bressler joined Viacom in his current role in March 2001 from AOL Time Warner, where he was Executive Vice President of AOL Time Warner and Chief Executive Officer of AOL Time Warner Investments. Prior to that, he served as Chairman and CEO of Time Warner Digital Media, a position he assumed in July 1999. Previously, he was Executive Vice President and Chief Financial Officer of Time Warner Inc. from March 1995 to June 1999, responsible for the management of all corporate strategic and financial activities. Mr. Bressler joined Time Inc. in 1988 as an assistant controller from the accounting firm of Ernst & Young, where he was a partner.

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