Charter announces CFO transition and interim appointment
Jessica Fischer steps down on October 15. Kevin Howard becomes interim CFO while a permanent replacement is sought.
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Provider of broadband internet, television, and mobile services
charter.comLast updated
In short: Charter completed its acquisition of Cox Communications and reported Q2 revenue of $13.5 billion despite broadband subscriber losses.
Jessica Fischer steps down on October 15. Kevin Howard becomes interim CFO while a permanent replacement is sought.
The deal creates the nation's leading broadband company. Charter issues shares and cash to Cox while assuming debt. Governance changes follow with Alex Taylor becoming chairman.
The network build-out supports rural connectivity goals and includes a $15,000 digital education grant for local residents.
The expansion connects previously unserved areas in Mason County using a rural initiative funded by private investment and federal grants.
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Previously, the company expected cost synergies from the Cox acquisition of about $800 million, but at Citi, Fischer said, ...
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