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Freston Quits at Viacom

Stock quotes in this article: VIA , CBS  

Updated from 7:56 a.m. EDT

Viacom(VIA Quote) said CEO Tom Freston stepped down.

The New York-based media giant said Philippe Dauman replaces Freston. The company also named Thomas Dooley chief administrative officer.

Dauman and Dooley were Viacom vice chairmen from 1996 to 2000 and have since run private equity firm DND Capital. ...

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