Viacom CEO Loses Health-Care Role for Sumner Redstone

Bloomberg: Sumner Redstone has designated his daughter Shari as his new health-care agent, replacing longtime confidant and Viacom chairman Philippe Dauman. Redstone’s attorneys, separately, are conducting settlement talks with lawyers for Manuela Herzer, a former girlfriend and companion who also once filled that role. Dauman had drawn criticism from some investors who said it was a conflict of interest for him to potentially make life or death decisions about his company’s largest shareholder.