Altice USA Elevates Michael Olsen to General Counsel and Chief Corporate Responsibility Officer

Rhea-AI Summary

Altice USA announces the appointment of Michael Olsen as General Counsel and Chief Corporate Responsibility Officer. He will lead the Legal team and oversee Government and Regulatory Affairs, Community Affairs, and ESG teams. Lee Schroeder, Executive Vice President of Government & Community Affairs, will be leaving the organization after 25 years. Mr. Olsen has a deep knowledge of the business and will ensure a smooth transition.

NEW YORK--(BUSINESS WIRE)-- Altice USA (NYSE: ATUS) today announces that Michael Olsen has been named General Counsel and Chief Corporate Responsibility Officer effective immediately. In this newly created role, he will lead the company’s Legal team as well as the Government and Regulatory Affairs, Community Affairs, and ESG teams, and continue to report to Chief Executive Officer Dennis Mathew.

Serving as Executive Vice President, General Counsel and Board Secretary since 2019, Mr. Olsen assumes this expanded role following the decision by Executive Vice President, Government & Community Affairs Lee Schroeder to leave the organization in July after more than 25 years. Ms. Schroeder serves as a Senior Advisor to the CEO through July, after which point she will consult on certain government affairs related matters. She will also work with Mr. Olsen to ensure a smooth transition.

“We are incredibly fortunate to have Michael ready to take on this important expanded role as we reaffirm our commitment to our customers, communities, and partners to position Optimum as the connectivity provider of choice across all the markets we serve,” said Dennis Mathew, Altice USA Chief Executive Officer. “Michael has a deep knowledge of our business, demonstrates superior judgement, is a decisive business partner, and leads by example, and I look forward to working with him in this new role.”

Previously, as General Counsel and Board Secretary, Mr. Olsen led Altice USA’s legal affairs, responsible for all legal activities, litigation, transactions, compliance, and corporate governance.

Prior to the acquisition of Cablevision by Altice, he held the position of Senior Vice President, Legal Regulatory and Legislative Affairs at Cablevision, overseeing the company’s public policy and legislative, regulatory legal strategy at the FCC, Congress, and before state and local government. He joined Cablevision in 2001 as Vice President for Government Affairs. Previously, he was Deputy General Counsel at Northpoint Communications in San Francisco, General Attorney at AT&T, Deputy City Attorney for the City of San Francisco and commercial litigator at Folger, Levin. He is a former clerk to the US District Court in Los Angeles and graduate of Georgetown University (JD) and Loyola Marymount University (BBA).

“Lee has been a steadfast, dependable, and thoughtful leader to her team and the broader company,” added Mr. Mathew. “Lee was integral to the acquisition of Cablevision and helped guide the company as it established itself in the U.S. market. Furthermore, she formulated our community programs and was our first Chief Diversity Officer, creating long-lasting relationships to advance our reputation in the communities we serve. We thank her for her leadership over the years and commitment to ensuring a smooth transition with Michael.”

About Altice USA

Altice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to nearly 5.0 million residential and business customers across 21 states through its Optimum brand. The Company operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local, national, international and business news through its News 12, Cheddar News and i24NEWS networks.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230504006008/en/

Investor Relations

Nick Brown: +1 917 589 9983 / nick.brown@alticeusa.com

Sarah Freedman: +1 631 660 8714 / sarah.freedman@alticeusa.com



Communications

Lisa Anselmo: +1 516 279 9461 / lisa.anselmo@alticeusa.com

Janet Meahan: +1 516 519 2353 / janet.meahan@alticeusa.com

Source: Altice USA

FAQ

Who has been named General Counsel and Chief Corporate Responsibility Officer of Altice USA?

Michael Olsen has been named General Counsel and Chief Corporate Responsibility Officer of Altice USA.

What teams will Michael Olsen oversee in his new role?

Michael Olsen will oversee the Legal team, as well as the Government and Regulatory Affairs, Community Affairs, and ESG teams.

Who is leaving the organization after 25 years?

Lee Schroeder, Executive Vice President of Government & Community Affairs, will be leaving the organization after 25 years.

What will Lee Schroeder's role be after leaving the organization?

Lee Schroeder will serve as a Senior Advisor to the CEO through July and consult on certain government affairs related matters.

What is the CEO's comment on Michael Olsen's appointment?

The CEO states that Michael Olsen has a deep knowledge of the business, demonstrates superior judgement, and is a decisive business partner.