Viacom

(VIA) - Get Report

said today it named Farid Suleman president and chief executive of

Infinity Broadcasting

, the company's radio and outdoor advertising business.

Suleman previously served as Infinity's executive vice president, chief financial officer, treasurer and director. He succeeds Mel Karmazin, who will continue as president and chief operating officer of Viacom.

Yesterday, Viacom completed the acquisition of Infinity when it purchased the stake in the company that it didn't own already.