Cox Communications announced longtime CEO Patrick Esser will retire at the end of 2021, with present EVP and Chief Profits and Internet marketing Officer Mark Greatrex set to direct the business following his exit.
Esser, who has led Cox Communications for the previous 15 decades, will action down on December 31. Relatively than assuming Esser’s CEO title, however, Greatrex will guide the organization as its new president.
A firm agent told Fierce Greatrex’s function will be similar to Esser’s and pointed out the latter held the title of president for most of his vocation, with the CEO placement only included in the past year and a fifty percent. Requested about Greatrex’s forward-on the lookout priorities, the consultant explained “he will be creating his strategy more than the upcoming handful of months, but assume him to proceed our growth momentum and he’ll deliver a incredible volume of particular vitality and enthusiasm.”
Alex Taylor, president and CEO of Cox Communications mother or father company Cox Enterprises, mentioned in a assertion it was “extremely grateful” for Esser’s company and hailed Greatrex as a “great leader for the upcoming chapter in Cox Communications’ evolution.”
In a individual statement, Esser called Greatrex “a strong and visionary chief,” introducing his “vitality, creative imagination and sharp strategic sensibilities will drive continued innovation, excellence and passion for our prospects.”
Greatrex joined Cox Communications in 2011, acquiring earlier held government positions at Unilever, AOL and Coca-Cola. For the earlier 10 years he has overseen Cox Communications’ residential income workforce and promoting, functioning along with the company’s system, product, technological innovation and customer expertise models. The company claimed in a press release he has designed an “indelible impact” about the yrs, helping it reach “significant development in broadband market place share” as a result of his efforts.
Cox Communications is the third most significant cable service provider in the U.S., with coverage spanning an 18-condition footprint. The corporation features practically 7 million enterprise and household buyers and more than $12 billion in yearly revenue.
Outgoing CEO Esser initially joined Cox Communications in 1979 as director of programming, working his way up to VP of promotion product sales in 1991 and VP of operations for Cox’s Western Division in 1999. He was named EVP and COO in 2004 right before currently being appointed CEO in 2006.
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Less than Esser, Cox Communnications much more than doubled the dimensions of its organization. Esser was also accountable for pushing the company’s merchandise and community investments and pursuing new strains of development by way of investments in and acquisitions of infrastructure organizations, cloud providers and house wellbeing logistics.
Notable new action involves the launch of Cox’s edge compute supplying past thirty day period and the acquire of assets from private fiber company Segra for around $3 billion in April. It also acquired hybrid cloud provider service provider RapidScale in August 2018, managed network options enterprise Blueprint RF in August 2017 and managed healthcare expert services business Trapollo in September 2015.
This tale has been updated with details furnished by a Cox Communications representative.