AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&a Speculation Continues To Swirl

AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&a Speculation Continues To Swirl
Ed Carroll, the longtime chief operating officer of AMC Networks, has decided to exit at the close of 2021 after 34 years at the company.

The exec, who had a key role in ushering in signature hits like Mad Men and Breaking Bad, was named COO in 2009. He has a five-year contract due to expire on December 31. His departure follows word last month that former CEO Josh Sapan was also stepping down after his own 26-year tenure. The company has installed former Showtime boss Matt Blank as interim CEO.

The Sapan-Blank news fueled speculation that after more than a decade as a publicly traded company, AMC Networks was perhaps taking a closer look at the vibrant M&a marketplace. The home of The Walking Dead has long been bruited about as a potential takeover target, but that decision rests with a small group of shareholders: the Dolan family, which controls the company.
See full article at Deadline »

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