Cox Communications senior vice president and chief financial officer John Dyer has been named executive vice president of the cable company’s parent, Cox Enterprises, and will add the role of CFO at the parent company in the summer, Cox Enterprises said Tuesday.
Dyer will replace current Cox Enterprises CFO Robert O’Leary, who will retire in the summer. O’Leary will continue to serve on the Cox Enterprises board of directors.
Dyer, 53, will be responsible for Cox Enterprises’ treasury, financial reporting and control, tax, audit, information technology, risk management, real estate and business development functions, when he assumes his new role.
Dyer will split his time between Cox Communication and Cox Enterprises until the summer when he becomes CFO. At that time, Cox Communications will seek to replace Dyer as CFO there as the summer approaches.
“John has a terrific background in both finance and operations and will play a key role as we make strategic decisions to continue Cox Enterprises’ long established record of growth and quality,” said Cox Enterprises president and chief operating officer Jimmy Hayes in a statement “He will make a great addition to our senior leadership team.”
Dyer first joined Cox Communications in 1977 as an internal auditor, leaving in 1990 to become regional vice president of operations and vice president of operations for Times Mirror Cable. He rejoined Cox in 1995 after Cox acquired Times Mirror.
Dyer has served as senior vice president and CFO at Cox Communications since 2005. Prior to that, he was senior vice president for Cox Communications’ Western Division, which includes operations in California, Arizona and Las Vegas and has more than 2 million customers.