The Bewkes Administration names new money guy

-SDH More changes are already rolling out following the expected announcement of Jeff Bewkes becoming the next CEO of TimeWarner. Now another expected announcement has been made. The company has tapped TimeWarner cable CFO John Martion as the company's new CFO effective January 1st 2008. Jeff Bewkes said in a statement yesterday that he is seriously focused on creating shareholder value. John Martin's appointment couldn't solidify that anymore. Martin is known as a serious numbers cruncher and oversaw the partial spin off of the cable unit. Clearly Bewkes is putting in place his spin off artists. "The whole tone of the company, with the new management, will be more aggressive in general," said Bear Stearns analyst Spencer Wang, who once worked with Martin at ABN Amro. Wang added: "I think he brings the right combination of financial acumen, discipline and people skills to be very effective in the job." Time Warner names new CFO [Reuters]