HERNDON, Va.--(BUSINESS WIRE)--June 21, 1999--
Road Runner, the nation's leading high-speed online service, announced today the appointment of three executives to key positions on its senior management team.
Named were William T. Gordon III as Senior VP and Chief Financial Officer, Larry S. Levine as Senior VP Corporate Development and James R. Brueneman as Vice President and Deputy General Counsel.
William T. Gordon, III, named Senior VP and Chief Financial Officer, brings financial planning and management expertise to Road Runner. Previously Executive Vice President, Finance, and Chief Financial Officer of BET Holdings Inc., Gordon was responsible for BET's Investor Relations, Information Technology, and Corporate Administration Departments.
He was instrumental in the acquisitions and partnership ventures that grew BET from a single cable channel into an emerging media company with over 20 subsidiaries. Gordon's commitment to company growth and improved earnings helped make BET one of Forbes magazine's "Best Small Companies in America" for the last two years. Prior to his tenure with BET, Gordon was a partner at Price Waterhouse.
Larry S. Levine, named Senior VP Corporate Development, was formerly VP Multimedia Ventures, of MediaOne Group, Denver. Levine was instrumental in negotiating the Road Runner joint venture, including the $425 million equity investment by Microsoft and Compaq. Levine has spent the last year managing the formation of the venture on behalf of MediaOne.
He previously served as VP Interactive Services Group, at US West Media Group, Denver, where he was responsible for developing UMG's high speed Internet access strategy, a precursor to the Road Runner venture.
James R. Brueneman, named Vice President and Deputy General Counsel, was formerly with Hogan & Hartson, a Washington, D.C.-based law firm, and was a member of the firm's technology practice group.
Brueneman specializes in intellectual property and computer law including asset purchase agreements; integration and licensing agreements; Web site development; content acquisition agreements; marketing and distribution agreements; and hosting and linking agreements.
Gordon, Levine, and Brueneman will be joining Tim Evard, Senior VP Marketing, and Stephen Van Beaver, Senior VP Operations, on the Road Runner senior management team.
About Road Runner
Road Runner (www.rr.com) has more subscribers in the United States than any other cable broadband online service, serving in excess of 250,000 customers in the communities where it is available. It is a joint venture among affiliates of Time Warner Inc., MediaOne Group, Microsoft Corp., Compaq Corp. and Advance/Newhouse.
It combines the resources and strategic talent of the five partners who are world leaders in media, broadband communications, computer software and hardware and publishing. The Road Runner character is a trademark and copyright of Warner Bros., a division of Time Warner Entertainment Company, L.P.
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