Time Warner Inc.'s Chief Financial & Administrative Officer John Martin
and Executive Vice President, International and Corporate Strategy Olaf
Olafsson announced appointments in the management of the company’s
finance and strategy groups.
Doug Shapiro, who has served as Time Warner’s Senior Vice President,
Investor Relations since 2008, has been named Senior Vice President,
International and Corporate Strategy, reporting to Mr. Olafsson. Mr.
Shapiro succeeds Michael Del Nin, who resigned to become Co-Chief
Executive Officer of Central European Media Enterprises.
Michael Kopelman, currently Time Warner’s Vice President, Investor
Relations, succeeds Mr. Shapiro as Senior Vice President, Investor
Relations.
In making the announcement about Mr. Shapiro, Mr. Olafsson said: “Doug
has done an outstanding job leading Time Warner’s investor relations
efforts, and has already played a significant role in many of our
company’s strategic initiatives. He brings to his new position a deep
understanding of the business, financial, and technological issues and
opportunities for both our company and our industry. I know he’ll make
important contributions to Time Warner in his new position.”
Mr. Olafsson added: “On behalf of everyone at Time Warner, we also want
to acknowledge the many valuable contributions Michael Del Nin made as a
colleague over the past 13 years and wish him well as he embarks on this
well-deserved opportunity at CME.”
Mr. Shapiro will report to Mr. Olafsson. Mr. Kopelman, who joined Time
Warner in 2009, will report to Mr. Martin and serve as the company’s
principal day-to-day contact with the investment community.
In announcing Mr. Kopelman’s appointment, Mr. Martin said: “I’m very
pleased that Mike will succeed Doug as head of our Investor Relations
group. He has already been instrumental in how we have communicated our
business strategy and outlook with investors. He is highly respected on
Wall Street, knows our company through and through, and I’m confident
will be a valued senior member of the finance team as well as an
effective steward of our IR efforts.”
Background on Mr. Shapiro
Mr. Shapiro joined Time Warner in Investor Relations in 2007, becoming
head of the group in 2008. Previously, as a senior analyst at Banc of
America Securities from 1999 to 2007, Mr. Shapiro covered the Cable and
Satellite TV and Media Conglomerate sectors and was the head of the
Media and Telecommunications research team. He was ranked as one of the
top Cable and Satellite analysts by Institutional Investor magazine from
1997 to 2006. Before joining Banc of America Securities, he was a senior
analyst at Deutsche Banc Securities.
Mr. Shapiro received a B.A. degree in economics from the University of
Michigan and holds the Chartered Financial Analyst designation.
Background on Mr. Kopelman
Prior to joining Time Warner’s Investor Relations team in 2009, Mr.
Kopelman was a Research Analyst at Merrill Lynch. While at Merrill
Lynch, he was part of the top-ranked US Media team, focusing on the US
Entertainment sector. He was also recognized by Institutional Investor
as an All-Star analyst for his work on Latin America Media. Prior to
Merrill Lynch, Mike worked as a Research Analyst at Robertson Stephens
and an analyst at Accenture.
Mr. Kopelman graduated summa cum laude from the University of Oklahoma
with a degree in Economics and Finance. He was a Fulbright Scholar and
also holds the Chartered Financial Analyst designation.
About Time Warner Inc.
Time Warner Inc., a global leader in media and entertainment with
businesses in television networks, film and TV entertainment and
publishing, uses its industry-leading operating scale and brands to
create, package and deliver high-quality content worldwide through
multiple distribution outlets.
Copyright Business Wire 2013