MUMBAI: Time Warner president and COO Jeff Bewkes has been elected to the company's board of directors. Motorola chairman and CEO Edward J. Zander has also been elected.
Speculation doing the rounds is that Bewkes is in line to succeed Dick Parsons as chairman and CEO.

"Jeff Bewkes has been a highly effective partner as we've worked together in turning Time Warner around and setting it firmly on a path of sustainable growth," Parsons said.

"As COO, Jeff's been a superb leader of our businesses, driving the AOL transition, encouraging superior performance across the company, and working to realize our full potential, especially in the advancement of our digital capabilities. His intimate knowledge of our company and industry, along with his intelligence, energy and character, will make him a valuable addition to our Board."

Time Warner's Board now has 14 members including Bewkes and Zanders. Six of the members joined the Board since January 2004. The other members of Time Warner's Board are Parsons, James L. 

Barksdale, Stephen F. Bollenbach, Frank J. Caufield, Robert C. Clark, Mathias Dopfner, Jessica P. Einhorn, Reuben Mark, Michael A. Miles, Kenneth J. Novack, Francis T. Vincent, Jr. and Deborah C. Wright.