Tuesday, October 11, 2011
Charter Looks For CEO After Michael Lovett Says Hell Leave By Early 2012
ST. LOUIS, Oct. 11, 2011 /PRNewswire/ — Charter Communications, Inc. (NASDAQ:CHTR) (“Charter” or the “Company”) today announced that it is implementing a CEO succession plan following President and Chief Executive Officer Michael J. Lovett advising the Board of Directors of his personal decision to step down as President and CEO on April 30, 2012 or earlier if a successor is appointed before that time. Charter’s Board of Directors will begin the process of evaluating candidates, and Mr. Lovett will remain in his present positions during this transition period. Mr. Lovett joined Charter in August 2003 and was named President and Chief Executive Officer in April 2010. Prior to that, he served as Charter’s Executive Vice President and Chief Operating Officer.
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