Cable Operators

chellomedia Chairman Schneider Resigns

12/14/2004 9:18 AM Eastern

UnitedGlobalCom Inc. said Tuesday that Mark Schneider has resigned as chairman of its European subsidiary, chellomedia.

The company said Schneider will transition into a consulting position focusing primarily on media and content services.

chellomedia president Shane O'Neill will assume Schneider's day-to-day responsibilities at that unit.

“Mark was a cofounder of UGC, and he has made significant contributions over the past 15 years to the company's strategic direction and accomplishments, particularly in Europe,” UGC CEO Mike Fries said in a prepared statement.

“He has motivated us all with his energy and passion for this business, and I am pleased that Mark will continue to provide his insight and ideas to UGC in his new role,” Fries added.