Cox Enterprises, the parent company of Cox Media Group (CMG), has announced that COO John M. Dyer will assume the role of President/CEO, effective January 1, 2014. Dyer will assume leadership of the company following the retirement of outgoing CEO Jimmy W. Hayes.
"In the 36 years John has worked at Cox, he has always done a terrific job and always risen to meet every new challenge he was presented," said Jim Kennedy, Chairman of Cox Enterprises. "Most recently, he has been an incredible chief operating officer and understands all our businesses. He is committed to our employees and our customers and I'm excited to work with John as he leads our company in an exciting future."
A 36-year Cox veteran, Dyer will be responsible for the company's four major subsidiaries: Cox Communications, Manheim, Cox Media Group and AutoTrader Group, as well as corporate functions including financial operations, human resources and administration.
"I am honored and humbled to lead Cox, a company that values its employees, delivers superior products and services to its customers and strives to be a responsible and sustainable corporate partner in the communities in which we operate," Dyer said. "We've been at the forefront of transformational change in the media, telecom and automotive industries for decades, and I am excited about the ways we'll continue to grow our existing businesses and invest in future opportunities."