New Role for Folta After Viacom-CBS Split
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New Role for Folta After Viacom-CBS Split

Carl Folta, executive vice president of corporate relations at Viacom, will become executive vice president of the office of the chairman in 2006, following the separation of the organization into two publicly traded companies.

Paul Holmes

NEW YORK— Carl Folta, executive vice president of corporate relations at Viacom, will become executive vice president of the office of the chairman in 2006, following the separation of the organization into two publicly traded companies. Folta will serve as chief representative of the chairman and a corporate officer of both companies, reporting directly to Sumner Redstone.

In his new, expanded role, Folta will be responsible for overseeing communications and administration for Redstone’s office, in consultation with the boards of directors for both new Viacom and CBS Corporation. He will serve as senior advisor and spokesperson for the chairman, with responsibility for strategic positioning and outreach to all internal and external audiences, including the media, the investment community and U.S. and international government officials.

“Carl has been a trusted advisor to me and a key contributor to Viacom’s success for more than a decade,” says Redstone. “He has deftly managed Viacom’s communications activities both in the U.S. and around the world during a period of momentous change. I couldn’t be happier to announce his important new role, which recognizes his deep knowledge of our businesses and ensures that both new Viacom and CBS Corporation will continue to benefit from his experience and strategic counsel..

Folta joined Viacom in April 1994 as vice president of corporate relations, from Paramount Communications.

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