Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Time Warner Cable CEO Retiring

As of Jan. 1, there will be a new name on the door of Time Warner Cable's (UNKNOWN: TWC.DL  ) CEO office. The company announced Thursday that the man currently occupying that position, and that of chairman, Glenn Britt, will step down from both posts at the end of this year. Following that, he will remain on the board as a non-executive director.

His replacement as chairman and CEO is Robert Marcus, who currently serves as the firm's president and COO. In advance of his promotion, he has been named to the board.

Marcus has been with the company since 2005, and was named its CFO in 2008. Two years later, he was appointed president and COO. The board praised his "vision, financial prowess, operating acumen and unrelenting drive."

Britt has been Time Warner Cable's CEO since 2001. "I love this business, but I’m ready to retire knowing Rob is ready to lead," Britt was quoted as saying in the company press release.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2561120, ~/Articles/ArticleHandler.aspx, 9/24/2016 6:53:17 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 21 hours ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/18/2016 4:05 PM
TWC.DL $0.00 Down +0.00 +0.00%
Time Warner Cable CAPS Rating: **