Time Warner Names CFO

Time Warner names John K. Martin chief financial officer, succeeding the retiring Wayne H. Pace

November 6, 2007

1 Min Read

NEW YORK -- Time Warner Inc. (NYSE:TWX - News) today announced the appointment of John K. Martin as Executive Vice President and Chief Financial Officer of Time Warner Inc., effective January 1, 2008. Currently serving as Executive Vice President, Chief Financial Officer of Time Warner Cable Inc., Mr. Martin will succeed Wayne H. Pace, who has announced his intention to retire at the end of this year.

“John and I share an appreciation for how a CFO can help shape a company to generate incremental value for shareholders,” said Jeff Bewkes, Time Warner’s President and CEO-designate. “John brings an invaluable combination of skills, experience and judgment to his new position. In addition to his top-notch financial expertise and many accomplishments at Time Warner, John’s enormous energy, determination and integrity have earned him great respect across our company and throughout the investment community. I look forward to working closely with John as we continue to navigate our way through a rapidly changing environment.”

Mr. Martin said: “I take great pride in my years at Time Warner and Time Warner Cable, and I’m gratified for this opportunity to work with Jeff and his senior management team to help lead this company. We’re all committed to moving Time Warner forward and ready to do what’s required to realize Time Warner’s full potential and value for our shareholders.”

Time Warner Inc. (NYSE: TWX)

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