Bill Nelson, the CEO of Home Box Office, will leave at the end of the year as the company promotes one of its presidents to succeed him, reports our friend David Lieberman at Deadline.com.
The new CEO will be Richard Plepler. Back in 2007 Plepler, who had been in charge of public relations for HBO, was named one of three co-presidents of HBO under Nelson, the story says.
According to an HBO press release, Eric Kessler, who was also appointed co-president in 2007, will be president and COO. Michael Lombardo will stay with the company as president of programming. Both will report to Plepler.
Jeff Bewkes, chairman and CEO of HBO parent Time Warner Inc. — and himself a former chief of HBO — said in a statement: "The company will not miss a step with the new team, which has the combination of talent and experience to drive HBO to new heights of creative excellence, innovation, and financial performance. Richard and Eric are twenty-plus-year veterans of the company who, as co-presidents, helped HBO re-establish its pre-eminence over the past five years, and Mike Lombardo has done an exceptional job in developing the best slate in HBO’s history.”