Spectrum Chief Commercial Officer Adam Ray, Chief Marketing Officer Sharon Peters to Exit
The restructuring comes after parent company Charter Communications closed a $34.5 billion merger with rival Cox in August The post Spectrum Chief Commercial Officer Adam Ray, Chief Marketing Officer Sharon Peters to Exit appeared first on TheWrap .
Spectrum's Chief Commercial Officer Adam Ray and Chief Marketing Officer Sharon Peters are set to leave the company at the end of 2023 as part of a restructuring. This move is part of Spectrum's aim to get closer to customers, move faster with fewer layers, and focus on returning to core Internet growth and improving customer service.
These changes come amid Charter Communications' efforts to exceed $1 billion in cost savings following its $34.5 billion merger with Cox in August, while also navigating a competitive landscape. Spectrum's Chief Operating Officer, Nick Jeffrey, expressed confidence in Spectrum's scale, video assets, and mobile offerings, but acknowledged the company's underperformance in recent years.
Ray has spent over 20 years at Spectrum, leading various roles, including overseeing Spectrum's Florida region and serving as Chief Commercial Officer since 2022. Peters, joining Spectrum in 2016, played a key role in launching Spectrum's brand, introducing key products, and overseeing the company's relaunch to former Cox customers.
Jeffrey emphasized that most roles would remain unchanged, but noted that reporting structures would shift. Interim Chief Marketing Officer Simon Cassels will lead the role temporarily while a permanent replacement is sought. Ray's position will not be filled, and his direct reports will now report to other executives.
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