Adelphia Communications Corp. has named two new independent members to its
board of directors: former Federal Communications Commission member Susan Ness
and former Time Warner Inc. executive Philip Lochner Jr.
The appointments were made by Adelphia chairman and CEO William Schleyer and
are part of a plan by the recently hired CEO to bring more independent voices to
The appointments will become effective May 21 and will increase the size of
the MSO's board to nine members.
Current members are Schleyer, former Adelphia chairman Erland Kailbourne, FPL
Group Inc. general counsel Dennis Coyle, Caithness Corp. president Leslie
Gelber, Siemens Dematic managing director Peter Metros, former Renaissance Cable
vice chairman Rod Cornelius and Yale Law School dean Anthony Kronman.
It is expected that Kailbourne, Metros, Gelber and Coyle -- all appointees of
former Adelphia chairman and cofounder John Rigas -- will resign from the board
at some point.
Although Adelphia had no comment on the status of those board members, in the
past, Schleyer said he would look to reconfigure the board of directors.
Rigas -- along with his sons, former chief financial officer Timothy and
former executive vice president of operations Michael -- was indicted on federal
charges of fraud and conspiracy in September. They have denied the charges. A
trial is scheduled to begin in January.
Cornelius' status also is in question. Although he was appointed to the board
after the Rigases resigned, Cornelius was in line to become CEO of Adelphia . He
was offered the job in September, but that offer was pulled after Schleyer and
former AT&T Broadband executive Ron Cooper (now Adelphia's president and
chief operating officer) became available.
"These elections are a continuation of our promise to expand the board's
corporate governance, legal and policy expertise," Schleyer said in a prepared
"Strengthening our board of directors with the addition of Phil and Susan
represents another significant step in our effort to rebuild Adelphia's
reputation and return the company to financial health for the benefit of all of
our stakeholders," he added.
Adelphia filed for Chapter 11 bankruptcy protection in June.
Lochner is a former senior VP and chief administrative officer at Time
Warner. He served as a commissioner of the Securities and Exchange Commission
from 1990 to 1991.
Ness had been an FCC commissioner for seven years before leaving the agency
in 2001. She is currently a consultant to media and communications companies,
and she lectures frequently on communications policy.