Cox Enterprises To Appoint John M. Dyer Executive Vice President and Chief Financial Officer Robert C. O’Leary to Retire and Continue Serving on Cox Enterprises Board
Cox Enterprises, Inc. announced today that John M. Dyer, 53, has been named executive vice president and will assume the role of executive vice president and chief financial officer in the summer of 2008. Dyer will succeed Robert C. O’Leary, who will continue serving on the Cox Enterprises board of directors.
Upon assuming his new role, Dyer will be responsible for the company’s treasury, financial reporting and control, tax, audit, information technology, risk management, real estate and business development functions.
“John has a terrific background in both finance and operations and will play a key role as we make strategic decisions to continue Cox Enterprises’ long established record of growth and quality,” said Jimmy W. Hayes, president and chief operating officer of Cox Enterprises. “He will make a great addition to our senior leadership team.”
Most recently, Dyer served as senior vice president and chief financial officer at Cox Communications, Inc., a position he’s held since 2005. Prior to that, Dyer served as senior vice president of operations for Cox Communications’ Western Division, which included operations in California, Arizona and Las Vegas, serving more than two million customers. He was in charge of the company’s Central Division operations from 1999 to 2001. In 1998, he became senior vice president of mergers and acquisitions, a position in which he executed several strategic acquisitions. Dyer also initiated and closed many system trades that substantially furthered Cox’s strategy of concentrating its operations in tightly clustered urban and suburban markets.
Dyer joined Cox Enterprises in 1977 as internal auditor and later held a series of financial and operational positions at Cox Communications. Dyer left Cox briefly in 1990 to join Times Mirror Cable as regional vice president of operations and vice president of operations but returned to Cox in 1995 as vice president of financial planning and analysis when Cox acquired Times Mirror Cable.
A graduate of the State University of West Georgia with a BBA in accounting, Dyer also holds an MBA from Georgia State University. He has served on the board of directors for the Cable & Telecommunications Association for Marketing and is currently a member of the National Cable & Telecommunications Association Convention Committee.
“Not only is Bob O’Leary a great guy, but he has been a great business leader and we appreciate everything he’s done for us in his 25 years with the company. We look forward to his continued involvement as a member of our board,” said James C. Kennedy, chairman and chief executive officer of Cox Enterprises.
About Cox Enterprises, Inc.
Cox Enterprises is one of the nation’s leading media companies and providers of automotive services with 2006 revenues of $13 billion and more than 80,000 employees. Major operating subsidiaries include Cox Communications, Inc. (cable television distribution, telephone, high-speed Internet access, other advanced broadband services and Travel Channel); Cox Newspapers, Inc. (newspapers, local and national direct mail advertising including Valpak and customized newsletters); Cox Television (broadcast television stations, interactive website and television sales rep firms); Cox Radio, Inc. ([NYSE: CXR] broadcast radio stations and interactive websites); Manheim (vehicle auctions, repair and certification services and web-based technology products) and Cox Auto Trader (automotive publications and majority ownership of AutoTrader.com).
About Cox Communications:
Cox Communications is a multi-service broadband communications and entertainment company with more than 6 million total residential and commercial customers. The third-largest cable television company in the United States, Cox offers an array of advanced digital video, high-speed Internet and telephony services over its own nationwide IP network, as well as integrated wireless services in partnership with Sprint (NYSE: S). Cox Business is a full-service, facilities-based provider of communications solutions for commercial customers, providing high-speed Internet, voice and long distance services, as well as data and video transport services for small to large-sized businesses. Cox Media offers national and local cable advertising in traditional spot and new media formats, along with promotional opportunities and production services. Cox owns and operates Travel Channel and TravelChannel.com. More information about the services of Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at www.cox.com, www.coxbusiness.com, and www.coxmedia.com.
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