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Time Warner Cable Said Close to Hiring Irene Esteves as CFO

Time Warner Cable Inc., the second-largest U.S. cable company, is close to hiring Irene Esteves as chief financial officer, said a person familiar with the matter.

The two sides are near a final agreement, though the deal still requires approval by the New York company’s board, said the person, who asked not to be identified because the decision isn’t final. XL Group Plc, the Dublin-based company where Esteves has been CFO, confirmed today in a statement that she will be leaving the company “following a transition period.”