Cox raises $600 million, hires Brennan as COO
Cox Communications, the nation’s third-largest cable operator, has named Leo Brennan chief operating officer. Brennan will start take over as COO on Jan. 1.
Brennan will be responsible for overseeing the company's day-to-day operations and ensuring companywide alignment with competitive strategies. He will be responsible for leadership of field operations, field services, customer care, marketing, public affairs, Cox Business and Cox Media.
Prior to being named COO, Brennan was the senior vice president and general manager of the Cox Communications' Las Vegas system since 2005. In that position, Brennan was responsible for all Las Vegas system operations serving over 430,000 customers.
Before assuming leadership of the Las Vegas system, Brennan served as general manager of Cox's Orange County, CA., system for nearly 15 years where he oversaw the launch of the cable industry's first triple play bundle of digital video, data and telephony service over a single network platform.
"Leo will play a key role in helping us to position the company for continued marketplace success,” said Cox president Pat Esser. “ A business and industry veteran, Leo brings a unique set of leadership skills, experiences and a successful track-record to this role that we will leverage across the entire company."
A 35-year veteran of the industry, Brennan held leadership roles for Times Mirror Cable Television's Northeast Region in Cheshire, Conn., where he directed the operations of eight cable television systems serving over 225,000 households. Brennan also served as vice president of Sales and Marketing at Coaxial Communications in Columbus, Ohio, a cable system serving over 55,000 customers.
Brennan has been recognized by the National Cable and Telecommunications Association's Vanguard Award for Cable Operations Management.
In other Cox news, the company sold $600 million in 10-year notes yesterday. Banc of America Securities, Citigroup Global Markets, Mitsubishi UFJ Securities, and Suntrust Capital were the joint bookrunning managers for the sale.
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