Hostetter Resigns as MediaOne CEO.BOSTON--(BUSINESS WIRE)--Aug. 6, 1997--Amos B. Hostetter, Jr. resigned today as Chief Executive Officer of MediaOne, U S WEST Media Group's (NYSE NYSE See: New York Stock Exchange :UMG) domestic cable operation, formerly known as Continental Cablevision, Inc. Hostetter, the co-founder and long-time head of Continental, cited "irreconcilable differences with UMG leadership about the implications for MediaOne's business and its senior management team of UMG's recent decision to relocate MediaOne's headquarters from Boston to Denver." The company has been headquartered in Boston since 1968 where it currently employs 160 people. Hostetter said that he expects to make no further comments about his resignation because of restrictions contained in earlier agreements with U S WEST. BIOGRAPHY OF AMOS Amos (ā`məs), prophetic book of the Bible. The majority of its oracles are chronologically earlier than those of the Bible's other prophetic books. His activity is dated c.760 B.C. B. HOSTETTER, JR. Amos B. Hostetter, Jr., 60, co-founded Continental Cablevision, Inc., in 1963, beginning with two cable systems in Tiffin and Fostoria, Ohio. He served as its Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. prior to its November 1996 merger into U S WEST Media Group (UMG) and continued to serve as CEO following the merger. Continental became MediaOne in May, 1997. Today the company serves more than 5 million customers in 19 states and is the third largest cable operator in the U.S. Hostetter is a past chairman and current member of the board of the National Cable Television Association (NCTA) where he serves on the association's executive committee. He is also a past chairman of the Cable-Satellite Public Affairs Network (C-SPAN) and serves as a member of C-SPAN's executive committee. Hostetter served as the founding chairman of Cable in the Classroom and serves as well on that organization's executive committee. He is currently a trustee of Amherst College; the Museum of Fine Arts, Boston
The Museum of Fine Arts in Boston, Massachusetts, is one of the largest museums in the United States, and contains one of the largest permanent museum collections in the Americas. ; WGBH-TV, Boston; and the Nantucket Conservation Foundation. Hostetter is a former director of the Corporation for Public Broadcasting The Corporation for Public Broadcasting (CPB) is a private non-profit corporation which is chartered and funded by the United States Federal Government to promote public broadcasting. The CPB was created on November 7, 1967 when U.S. president Lyndon B. (CPB CPB see cardiopulmonary bypass. CPB Cardiopulmonary bypass. See Port-Access cardiopulmonary bypass. ) and of the Children's Television Workshop Children's Television Workshop: see Cooney, Joan Ganz. (CTW). In 1991, Hostetter was named to Broadcasting and Cable magazine's Hall of Fame for his lifetime contributions to the communications industry. He was awarded the Beacon Award from the Cable Television Public Affairs Association for his contributions to the industry's public affairs efforts . In 1993, he received the "Grand TAM" award from the Cable Television Administration and Marketing Society and was honored by the Walter Kaitz Foundation for his efforts to increase the diversity of cable's workforce. In 1994, Hostetter received an Alumni Achievement Award from the Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. . Hostetter received a BA from Amherst College in 1958 and earned an MBA from the Harvard Business School in 1961. CONTACT: MediaOne Aimee Fitzgerald 617/854-3216 |
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