Cablevision Systems Corp. promoted cable- and communications-division president Tom Rutledge to the newly created position of chief operating officer of the entire company, hiring a former Time Warner Cable regional executive to take his old job.
Rutledge, who joined Cablevision in 2002 from Time Warner Cable, will be responsible for overseeing the cable division, business-services unit Lightpath and certain corporate functions.
He will also oversee the Rainbow Media Holdings Inc. assets that will remain with the company following the spinoff of satellite operation Rainbow DBS and Rainbow Media’s three national networks (AMC, WE: Women’s Entertainment and The Independent Film Channel) later this year.
The current Rainbow Media entities that will be part of the new Cablevision include Fuse, News 12 Networks, MetroChannels, Rainbow’s regional sports networks and Rainbow Advertising Sales Corp.
Taking Rutledge’s place is John Bickham, an 18-year veteran of Time Warner Cable who most recently served as executive vice president in charge of cable operations serving 2.4 million customers in North Carolina, South Carolina and Texas.
Bickham will report to Rutledge.
"Tom has achieved enormous success at Cablevision, leading our cable and communications division during a period of remarkable growth. He is the ideal executive to provide the strong operational leadership necessary to ensure that the new Cablevision realizes its full potential for our employees, customers, and investors," Cablevision CEO James Dolan said in a prepared statement.
"These appointments solidify a management team that is well-qualified to lead Cablevision into a new chapter in the company’s pioneering history and to seize the boundless opportunities that lay ahead," he added.