Highlighting a flurry of executive comings and goings in the pay-TV industry Monday, Time Warner Cable (NYSE: TWC) announced that Arthur Minson is out as executive VP and CFO and will be replaced by the tag team of company controllers/chief accounting officers William Osbourn Jr. and Matthew Siegel.
Minson will now take on the role of president and COO for WeWork, a privately held provider of shared workplace facilities and infrastructure.
"I've said many times that Artie is the finest CFO in America, and I believe it just as much today," said TWC Chairman and CEO Rob Marcus, in a statement. "His steady hand at the helm of our financial operations, as well as his overall business acumen and judgment, has brought great benefits to our shareholders and employees, and we will miss him."
Seigel, one of Minson's two replacements, had been set to join GreatLand Communications as CFO before the scuttling of the Comcast-TWC merger upended the launch of the new MSO.
Minson's departure comes as Cablevision (NYSE: CVC) announces the poaching of Office Depot executive Keith Sherwell as chief information officer. It's a newly created position for the MSO, with Sherwell noted for helping Office Depot work through tech integration following its purchase of OfficeMax in 2013.
Also, Sling TV (NASDAQ: DISH) announced the hiring of Digitalsmiths co-founder and CEO Ben Weinberger as senior VP and chief product officer
"Since Sling TV's arrival four months ago, we have added more than 40 domestic channels and thousands of hours of on-demand titles," said Roger Lynch, CEO of Sling TV. "This influx of programming makes it increasingly important that our content discovery process connects consumers quickly and seamlessly to the sports, shows and movies they love. Ben's background makes him the ideal fit to lead our effort in creating a world class next-generation TV experience."
For more:
- read this Time Warner Cable press release
- read this Wall Street Journal story
- read this Sling TV press release
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