Time Warner Cable’s chairman and CEO Glenn Britt will retire from the role at the end of the year.
The cableco’s board has elected the company’s president and COO Robert Marcus to succeed him from 1 January 2014.
Britt, 64, has been CEO since…
Time Warner Cable’s chairman and CEO Glenn Britt will retire from the role at the end of the year.
The cableco’s board has elected the company’s president and COO Robert Marcus to succeed him from 1 January 2014.
Britt, 64, has been CEO since 2001 and oversaw TWC’s emergence as a publicly traded company when it was spun off from then parent Time Warner in 2009.
According to a statement from the New York-based telco, Britt grew its annual revenues from US$6bn to US$21bn. He will remain on the board in a non-executive role.
In his resignation statement Britt spoke of his successor Marcus: “He is an accomplished executive, a strong strategic decision maker, and has a deep understanding of our company, our industry and what it will take to lead TWC into the future.”
Marcus, 48, joined Time Warner in 1998 and moved to TWC in 2005, becoming its CFO in 2008 and overseeing its subsequent spin-off. He was appointed COO in 2010.
