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CHARTER COMMUNICATIONS EVP, FIELD OPERATIONS TOM ADAMS AND CHIEF MARKETING OFFICER JON HARGIS ANNOUNCE 2022 RETIREMENT PLANS AND COMPANY APPOINTS NEW LEADERSHIP

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Charter Communications (CHTR) announced the upcoming retirements of Tom Adams and Jon Hargis, key executives who played vital roles in the company's growth. Adams, EVP of Field Operations, has been with Charter since 2012, while Hargis, CMO, contributed significantly to the company's marketing strategy. To ensure continuity, Charter promoted Tom Monaghan to EVP of Field Operations and Adam Ray to EVP, Chief Commercial Officer. Sharon Peters and Christian Ruiz also received promotions, reinforcing leadership across operations and marketing as the company aims to maintain its strong market presence.

Positive
  • Promotions of experienced executives to key roles for continuity.
  • Tom Monaghan and Adam Ray are well-positioned to enhance operational and marketing strategies.
  • Strengthened leadership likely to benefit Charter's market presence.
Negative
  • Retirement of key executives could lead to management transition risks.
  • Potential concerns regarding continuity in leadership experience.

STAMFORD, Conn., Jan. 20, 2022 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ:CHTR) today announced that Tom Adams, Executive Vice President of Field Operations and Jon Hargis, Executive Vice President, Chief Marketing Officer will transition to advisory roles in April and retire later this year.

"Jon and Tom have been instrumental to the growth and success of Charter and the embodiment of leadership in the development of their teams," said Tom Rutledge, Charter Chairman and CEO. "Jon is a legend in cable marketing and his no-nonsense attitude, competitive instinct and sales leadership helped drive Charter's growth and the creation of a customer-centric value proposition that continues to be at the core of our business model today.

"Tom's steady hand, expertise and commitment to excellent customer service led our field operations through the repositioning of Charter in the marketplace and the successful completion of the largest systems integration this industry has seen.

"I thank them both for their friendship, their many contributions to Charter and the broader cable industry, which has also benefited from their storied careers."

Adams served as EVP, Field Operations since joining Charter in 2012 overseeing the delivery of high-quality service to homes and businesses across Charter's 41-state footprint.  For 17 years he served in operational roles at Time Warner Cable including Division President in Binghamton, N.Y. and Rochester N.Y; Regional Vice President of Operations for Wisconsin and Eastern Carolina. Earlier in his career he held various leadership roles at NewChannels Corporation. 

Since joining Charter in 2012, Hargis has served as Chief Marketing Officer overseeing all sales and marketing for the company, including its successful rebranding to Spectrum and the launch of new pricing and packaging, which continues to deliver a growing value to customers. He joined Charter from Cablevision, where he most recently served as Executive Vice President, Marketing and previously served in various leadership roles at AT&T. 

Proven Leaders Monaghan, Ray, Peters and Ruiz Positioned to Lead Charter's Future Field Operations, Marketing and Sales Success

In anticipation of the upcoming retirements, the company promoted and expanded the roles of a number of proven Charter executives. Tom Monaghan has been elevated to Executive Vice President, Field Operations, and Adam Ray takes on the newly created role of Executive Vice President, Chief Commercial Officer, overseeing all of sales and marketing. Both will report to Chris Winfrey, Chief Operating Officer. Sharon Peters and Christian Ruiz have been promoted to Executive Vice President, Chief Marketing Officer, and Executive Vice President, Sales, respectively, and will report to Ray. 

"Having worked closely with the field operations, sales and marketing teams over the years, I have seen firsthand the capabilities and leadership that Tom, Adam, Sharon and Christian bring to the organization," said Winfrey. "They possess the necessary skill, experience and track records that will benefit Charter long into the future."

Monaghan will add oversight of field engineering and construction, including Charter's previously announced $5 billion Rural Digital Opportunity Fund expansion; supply chain management; business planning and human resources for Field Operations to his current role leading Charter's 11 field operating regions across 41 states. With more than 30 years of industry experience, Monaghan has served in multiple operational roles at Charter, most recently as Senior Vice President, Field Operations. He joined Charter in 2014 from Cablevision, where he served as vice president of field operations in the Cable and Communications Division. Prior to Cablevision he served in operations roles at Net2000; Teligent, Inc.; Bell Atlantic; and Verizon.  

In Ray's newly created position, he will now oversee all marketing activity for Charter in addition to his current role leading sales, retention, analytics and Spectrum Community Solutions. Since June 2021, Ray served as EVP, Sales Operations and Planning, and prior to that as EVP, Spectrum Community Solutions. Previously, he served as Regional Vice President of Field Operations for the Florida Region; Group Vice President, Residential Direct Sales; Senior Director, Sales Operations in Los Angeles; and Director of Sales and Marketing during his 16 years with Charter. He joined Charter in 2005 from Comcast, where he spent five years as a sales leader in Knoxville, Tenn.

Peters, who has been promoted to Executive Vice President, Chief Marketing Officer, expanded her oversight to include the entire marketing function, adding Marketing & Creative Services, and Digital Marketing when she was named Senior Vice President, Marketing, in 2021. She joined Charter in 2016 as GVP of Marketing. Previously, Peters spent nearly 20 years at Cablevision, ultimately serving as the lead marketing executive responsible for developing integrated digital, media and direct marketing strategies and plans for the Optimum brand. 

Ruiz has been elevated to Executive Vice President, Sales. He most recently served as SVP, Sales & Retention and in 2021 his responsibilities were increased to include all residential and small- and medium-sized business (SMB) sales and retention functions, adding direct sales, Spectrum Stores and Retail, SMB Strategic Channels and Sales Operations to his existing responsibilities for all of Charter's inbound sales and retention call centers. Ruiz joined Charter in 2014 as Regional Vice President, Commercial Sales. He previously served as Senior Vice President of Customer Service at Cablevision, and also led sales and service teams at AT&T and T-Mobile, USA. 

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-evp-field-operations-tom-adams-and-chief-marketing-officer-jon-hargis-announce-2022-retirement-plans-and-company-appoints-new-leadership-301465369.html

SOURCE Charter Communications, Inc.

FAQ

What changes are happening in Charter Communications' leadership team?

Charter Communications announced the retirements of Tom Adams and Jon Hargis, with several promotions in the leadership team to ensure continuity.

Who are the newly appointed executives at Charter Communications?

Tom Monaghan is now EVP of Field Operations, and Adam Ray has taken the role of EVP, Chief Commercial Officer. Sharon Peters and Christian Ruiz have also been promoted.

What impact could the leadership changes have on Charter Communications?

The new leadership structure aims to maintain Charter's strong market presence, but there are concerns about potential management transition risks.

When will Tom Adams and Jon Hargis retire from Charter Communications?

Tom Adams and Jon Hargis are expected to transition to advisory roles in April and retire later in 2022.

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