Sachs told the board that he is willing to serve beyond 2004 if necessary to facilitate the board’s search for a successor.
Glenn Britt, chairman and CEO of Time Warner Cable and current chairman of the NCTA board of directors, said the NCTA board's executive committee will discuss plans to retain an executive search firm but said that the search process is likely to get fully-under way only after the entire board meets in late September. Britt also said he would appoint a special board search committee as well.
Sachs joined NCTA in August 1999 under a three-year agreement. In 2001, he and the NCTA board extended the relationship through 2004, bringing his term of service to nearly five and a half years.
Kyle McSlarrow, U.S. Deputy Secretary of Energy and a former top aide to key members of the U.S. Senate, has been named President and Chief Executive Officer of the National Cable & Telecommunications Association (NCTA), effective March 1, 2005.
