NEW YORK — The chief technical officer and two executive vice presidents of US West’s Media One, the third largest cable operator in the U.S., have joined with 16 other of the company’s executives and agreed to move from Boston to Denver.
US West bought Continental Cablevision last year for $5.3 billion in stock and renamed it Media One. Amos Hostetter, ormer chairman and CEO of Continental, resigned angrily two months ago, claiming that US West had reneged on a promise to keep the company in Boston, where it had maintained its headquarters for 30 years.
Declined to relocate
A US West spokesman says 97 other former Continental staffers, “about 30% of whom are administrative or clerical workers, have declined to relocate.”
The three highest-visibility executives who’ll make the trek to Denver are hief technical officer David Fellows and exec VPs Ron Cooper and Doug Holmes. US West has granted another 18 executives more time to decide what to do.
Bill Schleyer, who was president of Continental, agreed earlier to stay on as a consultant. Jeff DeLorme, an exec VP, will stay on in Boston and take charge of the unit at US West that manages the company’s 25% stake in Time Warner.
Another exec VP, Nancy Hawthorne, resigned, as did two other senior VPs, Robert Sachs and Richard Guha.