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AMC Networks COO Ed Carroll To Exit, Ending His 34-Year Tenure As M&A Speculation Continues To Swirl

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Ed Carroll, the longtime chief operating officer of AMC Networks, has decided to exit at the close of 2021 after 34 years at the company.The exec, who had a key role in ushering in signature hits like Mad Men and Breaking Bad, was named COO in 2009.

He has a five-year contract due to expire on December 31. His departure follows word last month that former CEO Josh Sapan was also stepping down after his own 26-year tenure.

The company has installed former Showtime boss Matt Blank as interim CEO.The Sapan-Blank news fueled speculation that after more than a decade as a publicly traded company, AMC Networks was perhaps taking a closer look at the vibrant M&A marketplace.

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