Leaked Memo: Spectrum Lets Go of CMO and Chief Commercial Officer

Executives Sharon Peters and Adam Ray will depart at the end of the year

Spectrum is parting ways with its senior marketing leadership and eliminating the chief commercial officer role, ADWEEK has learned.

Chief operating officer Nick Jeffrey sent a memo to staff on Monday, obtained by ADWEEK, that outlines a new organizational structure for the Internet service provider. Under the new structure, chief marketing officer Sharon Peters and chief commercial officer Adam Ray will depart at the end of the year.

“I am increasingly convinced that our unmatched scale in broadband internet, our distinctive video assets, and attractive mobile offer are market advantages. However, in recent years we have failed to marshal those advantages into a winning strategy and have underperformed the markets, and our own expectations,” Jeffrey wrote.

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Alison Weissbrot

Alison Weissbrot

Alison Weissbrot is executive editor at ADWEEK, overseeing agency, brand and creative news coverage. She was previously editor in chief of Campaign US and spent nearly five years at AdExchanger covering agencies and convergent TV. She is based in New York.