Cox Enterprises Announces Executive Leadership Changes
"As we continue shaping what's next for Cox Enterprises, we will be highly intentional in how we deploy capital to invest in our growth and diversification strategies," said
Clement will continue to be responsible for Cox Enterprises' growth operations, strategy and investments, and corporate development organizations, as well as the company's venture capital fund, Socium Ventures. He will continue to report directly to Taylor.
McBride has more than 30 years of experience in the communications industry at both domestic and multinational companies. Prior to joining Cox Communications in 2018, he held CFO roles at Frontier Communications, Cable & Wireless PLC, Cricket Communications and Leap Wireless. He also served as EVP of finance for The Weather Channel.
"Perley is a strong business leader with a long track record of success, both inside and outside Cox," said Taylor. "He is a trusted partner and collaborator who is highly respected throughout our company, and I'm grateful for all he's done during his time at Cox Communications. I look forward to having him join our leadership team at Cox Enterprises."
Taylor was appointed CEO of Cox Enterprises in 2018. Under his leadership, the company has transformed its portfolio of businesses with acquisitions and investments into new industries including greenhouse agriculture, advanced recycling, public sector technology and outdoor adventure.
"These leadership changes support our future vision for an evolved Cox Enterprises. Continuing to diversify our family of businesses and create new opportunities is one of the most important things we will be focused on going forward. And I know we can always rely on our strong, adaptable leaders to help carry us forward," added Taylor.
Clement and McBride will officially transition into their new roles this summer.
About Cox Enterprises
Cox Enterprises is a global privately-held company that owns, operates and invests in businesses across multiple industries, including automotive, broadband and mobile, greenhouse agriculture, renewable energy, and journalism. Guided by its purpose to build a better future for this generation and the next, Cox's diverse family of businesses deliver solutions to address some of the world's most pressing challenges. Since its founding in 1898, Cox Enterprises has been fueled by a relentless focus on innovation, resilience, and a deep commitment to people, the planet and progress. To learn more about Cox's history and how it's shaping what's next, visit www.CoxEnterprises.com.
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SOURCE Cox Enterprises
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