Insight's Willner to Head Comcast Spinoff

May 15, 2014
Charter Communications (NASDAQ:CHTR) and Comcast (NASDAQ:CMCSA) announced that former Insight Communications co-founder ...
Charter Communications (NASDAQ:CHTR) and Comcast (NASDAQ:CMCSA) announced that former Insight Communications co-founder and CEO and 40-year cable industry veteran Michael S. Willner has agreed to serve as president and CEO of SpinCo, a proposed new cable company to be spun off from Comcast upon completion of the pending Comcast-Time Warner Cable (NYSE:TWC) merger and the Comcast-Charter transactions.

Assuming those transactions go through, Willner will oversee the operations of SpinCo, which is expected serve approximately 2.5 million customers in Alabama, Indiana, Kentucky, Michigan, Minnesota, Tennessee and Wisconsin.

Willner was a co-founder and CEO of Insight Communications from 1985 through 2012, when Insight was sold to Time Warner Cable. He began his career in 1974 at Vision Cable Communications and currently serves as president and CEO of Penthera Partners, a software licensing company focused on cloud-to-mobile technology. He will remain involved with that company as a member of its board.

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