09/20/2012 02:39 pm ET Updated Nov 20, 2012

Richard Plepler To Become CEO Of HBO As Bill Nelson Steps Down

This is the most significant management change at HBO since 2007, when Bill Nelson was tapped to replace Chris Albrecht and oversee a team of three co-presidents: Richard Plepler, Eric Kessler, and Hal Akselrad. Plepler's appointment, putting him in charge of programming, was most surprising at the time. He had run the company's public relations -- not a typical training ground for such a big job. Now he'll run a business that's considered a success for Time Warner.