Cox Enterprises announces leadership changes

ATLANTA (AP) -- Cox Enterprises Inc. has announced upcoming changes to its executive leadership team.

In a statement Tuesday, officials said President and CEO Jimmy Hayes will retire next April after 33 years of service.

John Dyer, a 36-year company veteran, will be named CEO in May and will replace Hayes after his retirement.

Doug Franklin, president of Cox Media Group, will succeed Dyer as executive vice president and chief financial officer, and Bill Hoffman, who oversees most of the company's broadcast operations, will follow Franklin as Cox Media Group president.

Cox Enterprises is a media and automotive services company employing more than 50,000 people. Subsidiaries include Cox Communications, and Cox Media Group, which operates 19 TV stations, 88 radio stations and eight newspapers, including the Atlanta Journal-Constitution and WSB-TV in Atlanta.