Entertainment conglomerate Cablevision Systems Corp., already the subject of an investigation by regulators over accounting at its Rainbow Media unit, said three of its top executives have departed the company.
In a federal filing, Cablevision said that last week, Andrew Rosengard, executive vice president of development; Raymond Andersen, controller and senior vice president; and Luigi Cestra, vice president and divisional controller of cable operations, resigned.
No reason was given.
The resignations were the latest in a series of shakeups at the company, a major cable TV operator in the New York region as well as the owner of Madison Square Garden.
Last year, an internal review discovered millions in accounting irregularities at the company's Rainbow Media unit, a situation which eventually resulted in the dismissal of 14 employees, including the division's president Kate McEnroe.
Rainbow Media created and manages several high-profile national cable channels,including: AMC, Fuse, The Independent Film Channel, and WE: Women's Entertainment. Cablevision recently named a new chief financial officer, Michael Huseby.
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