With 44 days on the job, Rob Marcus presides over sale to Comcast
Rob Marcus isn’t getting to spend much time as the boss of Time Warner Cable. His first major action, barely a month into his term, is presiding over the company’s sale to Comcast.
At least Marcus’ 44 days at the helm have been exciting: the Comcast sale comes after he fended off a takeover effort by Charter Communications.
Marcus served as president and chief operating officer of TWC beginning in December 2010, and was chief financial officer from 2008 through mid-2011.
Marcus’ most notable accomplishments included orchestrating the cable company’s spinoff from Time Warner Inc. in 2009, its move to a publicly traded company in 2007, and several key acquisitions and mergers.
The CEO knew when he took the job that the company might not remain under his control for long: Charter began considering a takeover even before he was named to the CEO job in July.