Paul Allen Replaces President at Vulcan Capital
In January 2005, BusinessWeek wrote about the ouster of Carl Vogel, who had been CEO of cable TV provider Charter Communications. At the time, Vogel had just been pushed out the door by billionaire Paul Allen in an attempt to keep Allen’s controlling stake in Charter from falling further in value. Lance Conn, a member of Allen’s holding company Vulcan Capital, as well as a Charter board member, told investors immediately afterward that “the company's performance hasn't met your expectations or ours.” Fast-forward four years and Conn, who became Vulcan Capital’s president, is also losing his position of power within Allen's world.
15 May 2009•3 mins read
