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MUMBAI: Time Warner president and COO Jeff Bewkes has been
elected to the company's board of directors. Motorola chairman
and CEO Edward J. Zander has also been elected.
Speculation doing the rounds is that Bewkes is in line to
succeed Dick Parsons as chairman and CEO.
"Jeff Bewkes has been a highly effective partner as
we've worked together in turning Time Warner around and setting
it firmly on a path of sustainable growth," Parsons said.
"As COO, Jeff's been a superb leader of our businesses,
driving the AOL transition, encouraging superior performance
across the company, and working to realize our full potential,
especially in the advancement of our digital capabilities.
His intimate knowledge of our company and industry, along
with his intelligence, energy and character, will make him
a valuable addition to our Board."
Time Warner's Board now has 14 members including Bewkes and
Zanders. Six of the members joined the Board since January
2004. The other members of Time Warner's Board are Parsons,
James L. Barksdale, Stephen F. Bollenbach, Frank J. Caufield,
Robert C. Clark, Mathias Dopfner, Jessica P. Einhorn, Reuben
Mark, Michael A. Miles, Kenneth J. Novack, Francis T. Vincent,
Jr. and Deborah C. Wright.
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