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Excite CEO to resign
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September 19, 2000: 5:09 p.m. ET
George Bell to step down as head of cable Internet access provider
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NEW YORK (CNNfn) - Excite@Home Chief Executive George Bell said Tuesday he plans to resign as head of the high-speed Internet access firm once a suitable replacement is found, but he will stay on as chairman until at least the end of next year.
"The segregation of the chairman and CEO roles is a natural evolution of the executive management team as the company grows," Bell said in a statement. "I look forward to assisting the company in its growth as full-time chairman."
Bell became CEO of the Web portal Excite in January 1996. He became Excite@Home's president following the merger of Excite and @Home Network in 1999. Bell was named chairman and CEO of the company earlier this year.
The executive search firm Christian and Timbers will conduct the search process for a replacement, Excite@Home (ATHM: Research, Estimates) said.
The news was released after Tuesday's market close. Excite@Home's stock finished up 25 cents at $16.19, down about 73 percent from its 52-week high of $59.75. 
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