Another Shakeup at Time Warner Cable
By Mike Farrell & Linda Moss -- Multichannel News, 10/15/2001 4:30:00 AM
Less than two months after its chairman left in a rumored dispute with top management, Time Warner Cable made more sweeping changes Friday, replacing unit president Tom Rutledge with former Comcast Corp. president Tom Baxter.
The reshuffling came after former chairman Joseph Collins left to become chairman and CEO of AOL Time Warner Interactive Video Aug. 16 and was replaced by former Time Warner Cable president Glenn Britt.
At the time, AOL Time Warner said the move was intended to jump-start interactive services, but analysts also believed Collins and AOL Time Warner co-chief operating officer Robert Pittman were not getting along. Collins now reports to AOL Time Warner CEO Gerald Levin.
Other changes announced Friday include the elevation of John Billock to Time Warner Cable vice chairman (a new title at the unit) and COO. Billock had been president of Home Box Office's U.S. network group.
Billock reports to Britt, and Baxter reports to Billock.
AOL Time Warner vice president of financial analysis and operations support Landel Hobbs was named Time Warner Cable's chief financial officer, replacing Tommy Harris, who moves over to Collins' Interactive Video unit as executive vice president.
Senior vice president of programming Fred Dressler was bumped up to executive vice president of programming.
And Time Warner Cable Ventures president and CEO Christopher Bogart will add responsibilities for investments, new product development, human resources, Internet-protocol telephony and Road Runner commercial services.
Also, executive vice president Ted Cutler will retire, joining Ann Burr, another executive vice president who announced her retirement a few months ago. The retirements were not related to the restructuring, Time Warner Cable vice president of corporate communications Michael Luftman said.
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