Time Warner Cable taps Marcus as CFO
Time Warner Cable announced today that Robert D. Marcus has been appointed as the company’s new chief financial officer effective Jan. 1.
In his new role as CFO, Marcus will retain the title of senior executive vice president and continue to direct Time Warner Cable’s mergers and acquisitions, programming, human resources and business affair departments. As CFO, he will also be responsible for all of the company’s financial functions, including accounting, financial planning and analysis, tax, treasury and investor relations.
“Rob (Marcus) is a seasoned executive and proven leader with a broad and deep understanding of our business,” said Glenn Britt, president and CEO of Time Warner Cable. “Widely recognized as a talented dealmaker, Rob’s contributions to Time Warner Cable have been more far reaching. I am extremely pleased Rob will take on the pivotal CFO role at Time Warner Cable.”
John K. Martin, who served as Time Warner Cable’s CFO since 2005, will become CFO for Time Warner at the beginning of the year. Martin succeeds Wayne H. Pace, who will retire from Time Warner at the end of this year.