As Sumner Redstone Dies, Mogul’s Daughter Shari Redstone Already Has the Reins

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Shari Redstone fought to ensure she would succeed her father Sumner Redstone atop the family’s media empire. When the moment arrived, she was already sitting on the throne.

thrusts Ms. Redstone into a new era that could bring fresh challenges and test the succession groundwork she and her father laid in recent years. Voting power over National Amusements Inc., the family company that controls ViacomCBS, now passes to a seven-member trust. That trust will have the power to affect the makeup of the ViacomCBS board and influence strategic transactions like a sale or acquisition.

Ms. Redstone is among the trustees, as is her son, and on her watch in 2016 two close associates of hers were added: longtime National Amusements executive Tad Jankowski, and former media analyst and artist Jill Krutick. The other trustees are Mr. Redstone’s tax lawyer, David Andelman, his divorce lawyer, Norman Jacobs; and his ex-wife’s divorce lawyer, Leonard Lewin.

 

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