Time Warner CFO Artie Minson quits to join babble-filled upstart
Move comes after Charter Communications buys his employers for $78.7bn
Time Warner Cable's chief financial officer, Arthur Minson, is stepping down just a few days after after Charter Communications agreed to merge with his employers for $78.7bn in cash and shares.
"Artie" Minson will join WeWork, a start-up platform which describes itself as "the platform for creators. We provide everything you need to make a life, not just a living."
We don't know what that means either.
Charter Comms agreed to merge with TWC for $55bn in cash and $23.7bn in shares.
Artie, who is 44, is due to remain at TWC as an advisor until the transaction concludes.
The former CFO will join the start-up as president and chief operating officer. He was the deputy CFO at TWC from 2007 to 2009. After overseeing AOL's spin off he returned in 2013.
"I’m grateful that Artie delayed his decision to leave until he was confident that Time Warner Cable’s path forward was established, and in particular for his role in crafting our merger agreement with Charter," said Rob Marcus, TWC's chief exec. ®