Cox Enterprises Ups Jimmy W. Hayes To CEO; James Kennedy Still Chairman
December 30, 2008 at 8:11 AM (PT)
COX ENTERPRISES has promoted JIMMY W. HAYES to CEO, effective JANUARY 1st, 2009. KENNEDY will remain Chairman and Chairman of the Executive Committee of the Board. HAYES will oversee COX COMMUNICATIONS, MANHEIM AUCTIONS, COX MEDIA GROUP and COX AUTO TRADER and several corporate headquarters groups, including financial operations, human resources, administration and business development.
"I have been the CEO of COX ENTERPRISES for 20 years and I feel that is long enough," KENNEDY said. "JIMMY HAYES has earned the opportunity to be CEO of this company and in these difficult times, JIMMY's skills and experience are perfectly suited for the job. As Chairman of the Board, I am not going anywhere. I will still be around to provide Jimmy all the support that I can."
HAYES spent 16 years of his career in various leadership roles at COX COMMUNICATIONS, most recently as its EVP/Finance and CFO. HAYES began his career at COX in 1980, and in 1982 was named a corporate officer.