Lifetime President Betty Cohen Resigns

Exits a Day After Upfront Presentation

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NEW YORK ( -- Lifetime President-CEO Betty Cohen resigned today, a day after hosting the women's cable channel's upfront presentation. She had occupied the post for two years.
Betty Cohen says it's 'time for me to take on new challenges.'
Betty Cohen says it's 'time for me to take on new challenges.'

'Stay tuned'
"The past two years have been fantastic, but it's time for me to take on new challenges," Ms. Cohen said in a statement released by Lifetime co-owners Walt Disney Co. and Hearst Corp. "Having just shepherded the company through this year's upfront presentation, with a fantastic slate of original programming that advertisers and media buyers responded to enthusiastically, I felt that the time was right for this transition. There is an amazingly talented, hard-working team in place at Lifetime, and I wish them all continued success and great luck in the future. As for what the future holds for me, all I can say is 'stay tuned.'"

Prior to joining Lifetime, Ms. Cohen spent 14 years at Turner Broadcasting Systems, during which time she launched Cartoon Network. Prior to founding Cartoon Network, Ms. Cohen was senior VP-general manager of Turner Network Television (TNT). She joined TNT from a position as director of on-air promotion and interstitial programming for Viacom's Nickelodeon/Nick at Nite.

No word on replacement
Anne Sweeney, co-chair Disney Media Networks and president, Disney-ABC Television Group, and John Conomikes, director, Hearst Corp., in a statement said, "Saying goodbye to a trusted and admired colleague is never easy, but we respect Betty's decision to move on at this time. We are very grateful for her dedication and contributions to Lifetime over the past two years, and wish her our best in all her future endeavors."

There was no word on who would replace Ms. Cohen.
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