Two Cable TV Quote Services Oust Their Presidents, Citing Marketing Misfortune As Reason

THIS MONTH'S LEAD STORIES

In rapid succession, the chief executives of two cable-based financial data services have fallen victim to the uncertainties of marketing newfangled information products. At Xpress Information Services (MTR, April 1986), Paul Maxwell has been replaced as president by Gerald Bennington, and at Data Broadcasting Corp. (MTR, December 1985), Jack Ault has been ousted in favor of Paul Steinle.

Both of the new chiefs say marketing problems are behind the changes. "There was a sense of concern about

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