Time Warner has picked head of investor relations Jessica Holscott as its lead executive for the planning of the entertainment company’s integration into telecom giant AT&T.
Holscott, who has been senior vice president of IR since late last year, will work closely with Lori Lee, AT&T’s integration leader and senior executive vice president and global marketing officer.
AT&T last year agreed to acquire Time Warner for $85.4 bn, with shareholders of Time Warner recently approving the deal, which still needs regulatory clearance.
Holscott will continue to oversee investor relations, but much of the day-to-day operations in that area will be led by her second-in-command, Michael Senno, vice president of IR and a former Wall Street analyst.
Time Warner chairman and CEO Jeff Bewkes says Holscott will ‘work closely with Lori Lee, AT&T’s integration leader and senior executive vice president and global marketing officer, to create the blueprint for a seamless combination of our two companies.
‘Together, Jessica and Lori will begin developing a plan to engage our various business units with the goal of understanding how best to accelerate innovation, build on our creative successes and maximize [the profitability of the combined company].’
