Summary
Charter Communications, Inc. (CHTR) announced a board and officer appointment on July 26, 2016. Kim C. Goodman was appointed as a director to the Board and also as a member of the Audit Committee. In connection with her appointment, Ms. Goodman received restricted stock valued at $97,500, prorated from the annual non-employee director grant. This addition to the board and audit committee may signal an ongoing effort to strengthen governance and oversight. Additionally, John Bickham, currently the Chief Operating Officer, has been appointed to the additional role of President. This consolidates the President title under Mr. Bickham, who previously held COO responsibilities, while Mr. Rutledge, Chairman and CEO, relinquishes the President title. These changes are effective immediately and are focused on executive leadership and board composition.
Key Highlights
- 1Appointment of Kim C. Goodman as a new Director to the Board.
- 2Kim C. Goodman appointed to the Audit Committee.
- 3Craig A. Jacobson stepped down from the Audit Committee.
- 4Kim C. Goodman received $97,500 in restricted stock as part of her appointment.
- 5John Bickham appointed to the additional role of President.
- 6John Bickham retains his role as Chief Operating Officer.
- 7Thomas Rutledge (Chairman and CEO) no longer holds the President title.