LOUISVILLE, CO – CableLabs CEO Dr. Paul Liao has decided to not renew his contract when it expires in December of 2012, the organization announced Friday.
Dr. Liao told the CableLabs executive committee that he will fulfill his contract but has made the decision not to renew his contract due to personal reasons. The executive committee agreed to execute a succession plan and begin the search for a new CEO immediately to ensure a smooth transition prior to Dr. Liao’s departure.
“Although Paul has been with CableLabs for a relatively short period of time, his contributions have been great and include establishing new programs that are helping the industry grow its broadband and commercial businesses, as well as drive cable’s ability to provide services to smart CE devices using IP technology,” said Glenn Britt, chair of the CableLabs board, in the announcement.
Dr. Liao committed to continue as CableLabs President and CEO during the transition.
Founded in 1988 by members of the cable television industry, CableLabs is a non-profit research and development consortium dedicated to pursuing new cable telecommunications technologies and to helping its cable operator members integrate new technical advancements into their business objectives.