NEW YORK (AP) -- Time Warner Cable Inc. said Wednesday director Glenn Britt will succeed Don Logan as chairman when the nation's second-largest cable company completes its spin-off from parent Time Warner Inc. at the end of the quarter.
Logan will remain a director, and Donna A. James, Edward D. Shirley and former Senator John E. Sununu also will join the company's board, bringing membership to 12.
Peter Haje, who has served on the board since 2006, has been named lead director. As previously announced, Time Warner Inc. Chairman and Chief Executive Jeff Bewkes will be leaving the board.
These appointments will be effective upon the company's separation from media conglomerate Time Warner, which owns 85 percent of Time Warner Cable shares. Last week, the FCC approved the spin-off plan.
James has served as a consultant and managing director of Lardon & Associates LLC, a business advisory services firm in Columbus, Ohio, since April 2006. James, who is expected to serve on the audit and finance committees, also serves as a director of Limited Brands Inc., Coca-Cola Enterprises Inc. and Conseco Inc.
Shirley has served as vice-chairman of global beauty and grooming, a business unit of Procter & Gamble Co. since July 2008, and as group president, North America from April 2006. Shirley is expected to serve on Time Warner Cable
Time Warner Cable shares fell 10 cents to close earlier at $17.52.
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