While Time Warner Cable’s new corporate owner, Charter Communications, continued to fill its expanded executive ranks with former Cablevision executives, TWC’s top brass has taken its golden parachutes and scattered to some interesting places.
Among those is Peter Stern, former executive VP and chief product, people and strategy officer for TWC, who was just hired by Apple to work under services and software chief Eddy Cue. Originally reported by the Wall Street Journal and confirmed by Stern’s own LinkedIn profile, he’ll be working at the VP level and focused on cloud services.
Stern left TWC over the spring amid Charter’s closing of its TWC acquisition.
Like a number of his TWC executive colleagues, Stern left with a severance and some momentum, with the MSO achieving solid customer growth and profitability in the quarters preceding Charter’s takeover.
Indeed, with the MSO growing its video subscriber base for the first time in a decade earlier this year, Stern was able to put this on his LinkedIn profile: “Devised and implemented new strategy for video business in secular decline; reversed major subscriber losses in 2013 to achieve gains in 2015.”
Notably, also while at TWC, Stern was an active proponent of moving away from the leased set-top business and towards an IP-based paradigm that limited the expenses of truck rolls and CPE costs.
- read this Wall Street Journal story
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