- Longtime cable executive Leo Hindery will step down as chief executive of YES Network, the independent cable channel that broadcasts the majority of New York Yankees baseball games, the company said on Monday.
Hindery said he's resigning to pursue "other challenges," which include redoubling efforts as fund-raiser and advisor to Senator John Kerry (news - web sites).
"At this point all I'm interested in is getting a majority in the Senate for the Democrats and in getting Senator Kerry elected in November," Hindery said.
Hindery, once a second-in-command at John Malone's TCI, had been chairman and CEO of YES Network since its inception in 2001. He will remain as non-executive chairman and assist on an interim basis while the company searches for a new chief executive.
"I don't expect it to take long," he said.
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