S&P Global Market Intelligence presents a weekly rundown of executive changes in the U.S. media and communications industries.
* Peter Hutton is stepping down as CEO of Discovery Inc.'s Eurosport (UK) to join Facebook Inc. as director of global live sports partnerships and programming, The Hollywood Reporter said March 26, citing a post by Dan Reed, head of global sports partnerships. Hutton, who will assume his new role in May, will work to bring live sports to the social network.
* Cash Hagen will step down as COO of WideOpenWest Inc., effective April 6, the company said in a March 27 SEC filing. Hagen, who joined WOW as chief technology officer in 2008, was promoted to COO of the company in September 2016.
Media industry moves
* Verizon Communications Inc.'s Oath Inc. is taking full control of Yahoo7 by acquiring Seven West Media Ltd.'s 50% stake in their joint venture. The transaction, which is expected to be completed in August, will see CEO Ed Harrison, CFO Penny Diamantakiou, Chief Technology Officer Paul Russell and Director of Product Mark Robinson departing Yahoo7. Meanwhile, Yahoo7 Chief Revenue Officer Paul Sigaloff has been promoted to managing director of Oath Australia and New Zealand.
* AMC Networks Inc. has created a dedicated sales team to support its suite of products, notably the expanded availability of its proprietary Aurora Video Targeting Solutions platform. Adam Gaynor will lead the AMCN Agility sales group as its vice president.
* Cogint Inc. completed the spin-off of its risk management business Red Violet Inc. Following this transaction, Fluent, a Cogint subsidiary and a provider of data-driven digital marketing services, will be its sole operating business, the company said March 28.
* Omnicom Group Inc. unit Omnicom Health Group agreed to buy Elsevier's pharma communications business in Japan. The acquired business and employees will become part of a newly named healthcare marketing communications agency, EMC KK.
* Media and marketing company Meredith Corp. unveiled a new sales and marketing structure March 26 for its National Media Group. The new National Media Group sales structure includes strategic account teams comprised of brand, corporate and digital sellers and marketers, the company said.
* Uber Technologies Inc. withdrew its job offer to former Amazon.com Inc. executive Assaf Ronen after finding a discrepancy related to his tenure at the online retailer, Recode reported March 21, citing a memo from Uber CEO Dara Khosrowshahi. According to sources, Uber had assumed that Ronen was still working for Amazon at the time of hiring, while he had already left the company by then. The company has tapped Manik Gupta, product vice president, to lead the product organization on an interim basis. Former Product Head Daniel Graf is also serving the company as an adviser.
* Michael Coates, Twitter Inc.'s chief information security officer, is leaving the company. Announcing the move in a March 21 tweet, Coates said he is leaving Twitter to co-found a security startup. Twitter recently promoted Parag Agrawal to chief technology officer of the company.
Communications industry moves
* LICT Corp. has initiated a search for a new CEO. The company is looking to hire a person who can accelerate its broadband operations, the company said March 28.
* David Cole is stepping down as executive vice president and controller of CenturyLink Inc., effective April 8. The company has appointed Eric Mortensen as interim controller and interim principal accounting officer. Mortensen has assisted the company at a senior level in integrating the accounting practices of CenturyLink and Level 3 Communications Inc. since the completion of their merger Nov. 1, 2017. Prior to the combination of CenturyLink and Level 3, Mortensen was senior vice president and controller of Level 3 Communications.
* Windstream Holdings Inc. announced its acquisition of MASS Communications, a privately held New York-based telecommunications network management company, on March 27. MASS Communications CEO Darren Mass was appointed president of resale for the company's enterprise and wholesale business unit.
* Chris Satchell, Comcast Cable's chief product officer, is leaving the Comcast Corp. unit to move back to the West Coast, Multichannel News reported March 26, citing a company confirmation. While the company does not immediately plan to name a replacement for Satchell, it promoted Matt Zelesko and Fraser Stirling to help oversee the company's product vision.