MUMBAI: Viacom Inc. has appointed Wade Davis as senior vice president of Mergers & Acquisitions for new Viacom, following the separation of the organization into two publicly traded companies. Davis reports to Michael J. Dolan, executive vice president and chief financial officer of Viacom.
Davis will be responsible for identifying and assessing potential mergers and acquisitions, managing new Viacom's interactions with the banking and investment communities on strategic transactions, and leading the execution of any transactions the company is involved in, Viacom said in a media release.
"Wade's extensive M&A experience and leadership skills make him a perfect addition to the new Viacom team," Dolan said. "His media, technology and telecommunications expertise couldn't be a better fit for us as we begin our new life as a more nimble and focused company looking to capitalize on constantly emerging opportunities. Wade and I will be working closely to identify strategic acquisition opportunities that are consistent with new Viacom's core capabilities, create shareholder value and strengthen our competitive position within the industry."
Prior to joining Viacom, Davis was an investment banker in the technology and media sectors for more than a decade. He was formerly a managing director, co-head of Investment Banking and head of Mergers & Acquisitions at ThinkEquity Partners.