The National Cable Television Cooperative said Wednesday that long-time president and CEO Jeffrey Abbas has resigned, effective immediately, to pursue other opportunities.
NewWave Communications executive vice president and former NCTC board chairman Tom Gleason will serve as interim CEO of NCTC while the co-op searches for a permanent replacement. That effort will be headed by Atlantic Broadband COO Edward Holleran, who currently serves as chairman of NCTC.
"It has been my great privilege to be a part of NCTC for the past 14 years as a member, director, staff member, and President & CEO," Abbas said in a statement. I want to thank the board of directors for the opportunity to work with the very talented and capable NCTC staff in our mission to serve the needs of independent cable operators. I wish all of them the best of success in meeting the challenges that lie ahead."
Holleran praised Abbas for his service.
"Jeff has served NCTC admirably over his eight years with the company, including the past five years as President and CEO," Holleran said in a statement. "We wish him well as he pursues other opportunities."