By Tess Stynes
CBS Corp. said Showtime Networks Chairman and Chief Executive
Matthew C. Blank plans to turn over the CEO role to a key
lieutenant, David Nevins, next year as part of a succession
plan.
Mr. Nevins is currently president at Showtime, a subsidiary of
CBS, where he is responsible for creative development and program
acquisition, marketing and other duties. In his new role, he will
add responsibility for all aspects of the division.
Mr. Blank, who has been with Showtime since 1988 and has been
chairman and CEO since 1995, will stay on as chairman. Before
joining Showtime, Mr. Blank spent 12 years with rival Home Box
Office Inc., departing as a consumer marketing executive.
During Mr. Blank's tenure at Showtime, the company expanded from
three premium cable networks--Showtime, The Movie Channel and
Flix--to 27 digital channels.
The network has launched series including "The Affair," "Ray
Donovan," "Masters of Sex" and "Homeland" during Mr. Nevins's time
with Showtime. Previously, Mr. Nevins served as president of
Imagine Television from 2002 to 2010.
Write to Tess Stynes at tess.stynes@wsj.com
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