Top Time Warner Cable tech exec LaJoie sets retirement

High-level Time Warner Cable (NYSE: TWC) technology executive Mike LaJoie has announced his retirement, effective at the end of year.

Michael LaJoie, TWC

LaJoie (Image source: TWC)

Multichannel News published a memo Friday that LaJoie, 60, sent to colleagues, telling them that he'll step down from his role as executive VP and chief technology and network operations officer for TWC after 21 years at the company.

"It is hard to imagine where we would be today without Mike at the helm of our technology and network operations function," said TWC's chief operating officer, Dinni Jain. "He is a true icon in this industry."

As FierceCable noted in March, Time Warner Cable asked its shareholders to approve "golden parachute" compensations payments for TWC executives as a result of the proposed merger with Comcast (NASDAQ: CMCSA).

As Lajoie himself noted, his pending departure had been an open secret for quite some time. He also referenced former TWC chief executive Glenn Britt, who succumbed to cancer just last week.

"Recent events have made this decision more complicated, but after careful consideration, I intend to stay with that plan. Thus, it is with mixed emotions that I am announcing my retirement, effective December 31. With so many wonderful experiences, a strong TechNO [technology and network operations] leadership team in place, and the upcoming merger with Comcast in the integration phase, the timing still seems right."

LaJoie added that he will oversee the TWC technology and network operations unit through the end of June, and of its development initiatives through the end of the third quarter. Comcast's proposed purchase of TWC will also be a priority, he noted.

For more:
- read this Multichannel News story

Related links:
Glenn Britt, former TWC chief, passes away at 65
Wi-Fi a must-have, cable CTOs say, with DOCSIS 3.1, 4K among top priorities
Comcast-TWC propose golden parachutes for Time Warner Cable execs

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