STAMFORD, Conn., Oct. 25,
2023 /PRNewswire/ -- Charter Communications,
Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter")
today announced that Tom Rutledge will continue to serve the
company as a Board Member Emeritus upon his previously announced
retirement from the Charter Board of Directors as Executive
Chairman on November 30, 2023. The
Board also appointed Charter's President and Chief Executive
Officer, Chris Winfrey to the Board
to fill the vacancy created upon Mr. Rutledge's retirement. The
Board appointed Charter's Lead Independent Director, Eric Zinterhofer as non-executive Chairman of
the Board effective November 30,
2023.
"I am very pleased that Tom has agreed to stay on as Board
Member Emeritus," said Mr. Winfrey. "I have valued his wisdom
acquired from over 50 years as a pioneer in the cable business, and
I look forward to his involvement and valuable counsel going
forward. It is exceptional when a Board can continue to benefit
from the ongoing involvement of two director emeritus with the
experience, expertise and successful history like that of
Tom Rutledge and Dr. John Malone."
"I look forward to returning to the Chairman role and
welcome Chris to the Board," said Mr. Zinterhofer. "Chris and I
have worked together over the last three decades. As part of this
successful transition plan, I am also grateful that we will
continue to benefit from Tom's deep knowledge and ongoing counsel
as Board Member Emeritus."
Mr. Rutledge retired as CEO of Charter in 2022 after leading
Charter for 10-years and five decades in the industry. He was named
President and CEO of Charter in 2012 and Chairman in 2016. Prior to
joining Charter, Mr. Rutledge served as Chief Operating Officer of
Cablevision Systems from 2004 till 2011. In 1977, he joined
American Television and Communications (ATC), a predecessor of Time
Warner Cable, as a manager trainee where he served in a series of
progressively senior leadership roles, eventually becoming
President of Time Warner Cable in
2001. He began his cable career in 1972 at Eastern Telecom working
as a technician while going to college. Mr. Rutledge is a recipient
of the NCTA Vanguard Award for Distinguished Leadership and is a
member of the Cable TV Pioneers, the Cable Hall of Fame and the
Broadcasting and Cable Hall of Fame.
Mr. Winfrey became President and CEO of Charter in 2022. He has
played a significant role in Charter's growth and transformation
over the last decade. He was named Chief Operating Officer in 2021
and joined Charter as Chief Financial Officer in 2010. Prior to
joining Charter, Mr. Winfrey served as Chief Financial Officer, and
as Managing Director for cable operations, broadcasting and
satellite entities at Unitymedia GmbH, Germany's second-largest cable operator.
Earlier in his career, Mr. Winfrey served as Senior Vice President,
Corporate Finance and Development at Cablecom, GmbH, Director of
Financial Planning and Analysis and Director of Operations Services
of NTL Incorporated's continental European operations, and as a
senior associate in the private equity group at Communications
Equity Associates. He has spent more than 25 years in the cable
industry, and in 2015 received The Internet & Television
Association's (NCTA) Vanguard Award for Young Leadership.
Mr. Zinterhofer has been the Lead Independent Director of
Charter's board of directors since May
2016. He was elected to the board of Charter in November 2009 and served as non-executive
Chairman of the board from December
2009 through May 2016. In
2010, Mr. Zinterhofer founded Searchlight Capital Partners, L.P., a
private equity firm. Previously, he served as a senior partner at
Apollo Management, L.P. and was with Apollo from 1998 until May 2010. Mr. Zinterhofer is a director of
Univision Holdings, Inc., Hemisphere Media Group, and Liberty Latin
America Ltd. Mr. Zinterhofer received B.A. degrees with Honors in
Economics and European History from the University of Pennsylvania and received an M.B.A.
from Harvard Business School.
About Charter
Charter Communications, Inc. (NASDAQ: CHTR) is a leading
broadband connectivity company and cable operator serving more than
32 million customers in 41 states through its Spectrum brand. Over
an advanced communications network, the Company offers a full range
of state-of-the-art residential and business services including
Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum
Business® delivers the same suite of broadband
products and services coupled with special features and
applications to enhance productivity, while for larger businesses
and government entities, Spectrum
Enterprise® provides highly customized, fiber-based
solutions. Spectrum Reach® delivers tailored
advertising and production for the modern media landscape. The
Company also distributes award-winning news coverage and sports
programming to its customers through Spectrum Networks. More
information about Charter can be found
at corporate.charter.com.
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SOURCE Charter Communications, Inc.