STOCK TITAN

Charter Communications Appoints John Bickham Vice Chairman

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management
Rhea-AI Summary

On October 19, 2021, Charter Communications (NASDAQ: CHTR) announced key executive changes as part of its leadership transition. John Bickham has been appointed Vice Chairman ahead of his retirement at the end of 2022. Chris Winfrey has been promoted to Chief Operating Officer, while Jessica Fischer will succeed him as Chief Financial Officer. Rich DiGeronimo will expand his role to include oversight of Network Operations. These appointments aim to strengthen Charter's operational capabilities and ensure a smooth leadership transition.

Positive
  • John Bickham's extensive experience is expected to aid in a smooth transition.
  • Chris Winfrey's operational background may enhance operational efficiency.
  • Jessica Fischer's financial expertise could positively influence Charter's financial strategy.
  • Rich DiGeronimo's expanded role will focus on improving customer experience and advancing network capabilities.
Negative
  • John Bickham's upcoming retirement raises concerns about potential leadership continuity.
  • Transitioning key roles may lead to temporary disruptions in company operations.

STAMFORD, Conn., Oct. 19, 2021 /PRNewswire/ -- Charter Communications, Inc  (NASDAQ: CHTR)  today announced a series of executive promotions and appointments to its leadership team with the news that veteran cable executive John Bickham was named Vice Chairman ahead of his previously announced retirement at the end of 2022. Charter's Chief Financial Officer, Chris Winfrey, was elevated to Chief Operating Officer; while Jessica Fischer, EVP, Finance will succeed Winfrey as CFO. Additionally, Chief Product & Technology Officer Rich DiGeronimo will add oversight for Charter's Network Operations to his existing responsibilities. The appointments are effective immediately with Mr. Bickham, Mr. Winfrey, Ms. Fischer and Mr. DiGeronimo all reporting to Charter Chairman and CEO Tom Rutledge.  

"I have worked with John for three decades and at every turn, his knowledge, leadership and steady hand have not only contributed greatly to the success of the companies we led, but made a profound impact on the growth of our industry," said Mr. Rutledge. "I am grateful that John will continue to serve Charter in this new capacity as a strategic advisor to me and the executive team, and his guidance will help ensure a successful transition for Chris into the COO role."

Mr. Bickham joined Charter as Chief Operating Officer in 2012 and his operational expertise helped Charter grow into the second largest cable company in the country. He was named President & COO in July 2016 when the transactions with Time Warner Cable and Bright House Networks closed.

Proven Leadership of Winfrey, Fischer and DiGeronimo to Drive Charter's Continued Growth as Leading Broadband Company

"Over the past 11 years Chris' influence on Charter has expanded far beyond that of a typical CFO; he has been actively involved in our business operations and that deep knowledge, combined with his previous operational experience in Europe, will serve us well as Charter's next chief operating officer," said Mr. Rutledge. 

Mr. Winfrey will oversee all Cable operations across Charter's 41-state footprint, including field and customer operations, and retain management of marketing, sales, and Spectrum Enterprise. Mr. Winfrey joined Charter as Chief Financial Officer in 2010 and added oversight of Spectrum Enterprise in 2019, and operational leadership of the residential and SMB Sales and Marketing organization, and Spectrum Community Solutions in 2021. Mr. Winfrey joined Charter from Unitymedia GmbH, Germany's second-largest cable operator, where he served as Chief Financial Officer, and as Managing Director for Unitymedia's cable operations, broadcasting and satellite entities. 

As CFO, Ms. Fischer adds oversight of Charter's accounting, reporting and corporate budgeting and planning functions to her current responsibilities leading procurement, investor relations, internal audit, treasury, acquisitions and capital market activities and the tax and risk management functions. Since joining Charter in 2017 as a Group Vice President, with responsibility for tax, treasury and risk management, Ms. Fischer has added increasing responsibilities across the finance function. Previously, Ms. Fischer was a partner in the National Tax Department at EY, primarily working in the media and telecommunications space.

"Jessica's leadership and financial expertise has benefited Charter for many years, both in her roles at Charter and while at EY where she was a key advisor during our 2016 transactions," Mr. Rutledge continued. "In this role, Jessica will have an even greater impact on Charter's success as we continue to seize the many opportunities before us." 

Mr. DiGeronimo adds oversight for network and software operations to his current responsibilities leading the Product and Technology organization. This organization designs and develops Charter's industry-leading products, as well as builds and operates the tools and systems to support customers and employees. He joined Charter in 2008 as Vice President of Product Management and has held a variety of increasingly expanded leadership roles. Most recently, he added responsibility for Spectrum Reach, Charter's advertising sales business, to his current position overseeing Charter's product, engineering, information technology, and business development organizations. Prior to Charter, he served as Vice President and General Manager of the Cable Markets Group at Level 3 Communications. 

Mr. Rutledge added, "with the expanded responsibility of Network Operations, Rich will both shape the customer experience and lead our network's critical evolution into the 10G future, delivering to our customers a superior broadband connectivity experience." 

David Ellen, Senior Executive Vice President; Catherine Bohigian, Executive Vice President, Government Affairs; and Rick Dykhouse, Executive Vice President, General Counsel and Corporate Secretary, will continue to report to Mr. Rutledge. 

About Charter

Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 31 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, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.                        

            

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/charter-communications-appoints-john-bickham-vice-chairman-301403376.html

SOURCE Charter Communications, Inc.

FAQ

Who has been appointed Vice Chairman at Charter Communications?

John Bickham has been appointed Vice Chairman, effective immediately.

What will Chris Winfrey's new role be at Charter Communications?

Chris Winfrey has been promoted to Chief Operating Officer.

Who will succeed Chris Winfrey as CFO at Charter?

Jessica Fischer will succeed Chris Winfrey as Chief Financial Officer.

What is the significance of the management changes at Charter Communications?

The changes aim to strengthen operational efficiency and ensure smooth leadership transitions.

What will Rich DiGeronimo oversee in his expanded role?

Rich DiGeronimo will add oversight of Charter's Network Operations to his existing responsibilities.

Charter Comm Inc Del CL A New

NASDAQ:CHTR

CHTR Rankings

CHTR Latest News

CHTR Stock Data

49.97B
90.06M
36.67%
72.03%
8.68%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
STAMFORD