Hearst quits Excite@Home's board

Summary:Excite@Home said Friday that William Hearst III has resigned from the bankrupt company's board of directors. The move was effective Wednesday, the company said. Hearst, who has been on the board since 1995, is a general partner at venture capital firm Kleiner Perkins Caufield & Byers. In its terse news release Friday, the high-speed Internet service provider did not give a reason for Hearst's resignation. An Excite@Home representative was not immediately available for comment. Last week, AT&T removed four of its executives from Excite@Home's board. Excite@Home said the move was made to avoid a conflict of interest in AT&T's ongoing bid to buy Excite@Home's broadband Internet access business.

Excite@Home said Friday that William Hearst III has resigned from the bankrupt company's board of directors. The move was effective Wednesday, the company said. Hearst, who has been on the board since 1995, is a general partner at venture capital firm Kleiner Perkins Caufield & Byers.

In its terse news release Friday, the high-speed Internet service provider did not give a reason for Hearst's resignation. An Excite@Home representative was not immediately available for comment. Last week, AT&T removed four of its executives from Excite@Home's board. Excite@Home said the move was made to avoid a conflict of interest in AT&T's ongoing bid to buy Excite@Home's broadband Internet access business.

Topics: AT&T, Broadband, Start-Ups

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.