Jessica Holscott will work with telecom giant’s Lori Lee
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].’
