Atlantic Broadband Names Shea CEO
Atlantic Broadband has named Rich Shea president and CEO and Dave Isenberg as president and chief revenue officer of the Boston-based cable operator effective Jan. 1, replacing long-time executive Ed Holleran, who has decided to step down after 11 years at the company.
Holleran, who helped form Atlantic Broadband in 2003 with fellow Continental Cablevision veteran David Keefe and sold it to Canadian cable and electric utility concern Cogeco Cable in 2012, has agreed to stay on with the company, serving as vice president of industry relations on a part-time basis.
Both Shea and Isenberg have been with Atlantic Broadband since its inception in 2003. Shea began his career with Atlantic Broadband as chief information officer and has served as chief operating officer the past two years. Isenberg started as senior director, products and has been chief marketing and strategy officer since 2012.
Atlantic Broadband was purchased by Cogeco in 2012 for about $1.36 billion. The company has about 227,000 customers in Western Pennsylvania, Southern Florida, Maryland/Delaware and South Carolina.
“This structure recognizes the complementary roles that Rich and Dave will have in the leadership of Atlantic Broadband going forward,” said Cogeco Cable CEO Louis Audet in a statement. “I’m confident that, with their years of experience at Atlantic Broadband since its very beginnings, having gained a wealth of knowledge on our business and our markets and a deep understanding of our customers, Rich and Dave will each play a key role in leading Atlantic Broadband to reach new summits. I am also very pleased that Edward will continue to serve as part of the Atlantic Broadband management team. As co-founder of Atlantic Broadband, his experience and relationships in the cable industry will be of great value to us going forward.”
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