Time Warner Cable said its chief financial officer, Arthur Minson, would leave the company for another position, just days after the cable distributor agreed to be purchased by Charter Communications. The move is effective immediately, the company said.
Minson will become president and chief operating officer of WeWork, a privately held company based in New York City that provides corporate and office services, both physical and virtual, to more than 25,000 members. He is expected to serve as a consultant to Time Warner Cable through the expected end of the Charter merger process.
William F. Osbourn, Jr., currently senior vice president-controller and chief accounting officer, and Matthew Siegel, currently senior vice president and treasurer at Time Warner Cable, will take over Minson’s responsibilities on an interim basis. Both will retain their current titles and responsibilities, in addition to their co-CFO duties.
“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, chief executive of Time Warner Cable, in a prepared statement.