Time Warner Plugs in Martin as CFO

The longtime company executive will take office along with a new CEO in 2008.
Stephen TaubNovember 6, 2007

Time Warner has named John Martin as its executive vice president and chief financial officer, effective January 1. He will move over from the company’s cable TV subsidiary, where he holds the same titles.

Martin will succeed Wayne Pace, who is scheduled to retire at year-end.

The change in finance executives comes one day after Jeff Bewkes was named Time Warner’s President and CEO, also effective Jan.1.

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“John and I share an appreciation for how a CFO can help shape a company to generate incremental value for shareholders,” said Bewkes. “John brings an invaluable combination of skills, experience and judgment to his new position. John’s enormous energy, determination and integrity have earned him great respect across our company and throughout the investment community.”

Martin’s current job at Time Warner Cable started in August 2005, before which he already had worked for the parent company for nearly 12 years, serving among other positions as senior vice president, investor relations. His first job with Time Warner, in 1993, was as a manager of SEC financial reporting.

The stint, however, was interrupted earlier this decade. Martin was director in the equity research group of ABN AMRO Securities from 2000 to 2002.

Before joining Time Warner, Martin was a senior accountant in the Business Assurance group at Ernst and Young.