Charter’s Tom Rutledge, A 50-Year Cable TV Veteran, To Pass CEO Baton To COO Chris Winfrey In December –

Charter Communications, a major broadband provider and No. 2 U.S. cable TV operator, has promoted Chris Winfrey to CEO. On Dec. 1, he will succeed longtime cable business leader Tom Rutledge, who will take on the role of executive chairman after five decades in the industry.

Winfrey was most recently COO at Charter, which operates the Spectrum cable and Internet brand, and before that spent a decade as the company’s CFO.

In announcing the move, Charter said Rutledge will remain executive chairman until November 2023. During the interim period, he will oversee the company’s governance affairs and assist with the CEO transition.

Rutledge, who was James Dolan’s longtime lieutenant at Cablevision before taking the top job at Charter, helped lead the company’s turnaround acquisitions of Time Warner Cable and SuddenLink. The deals catapulted Charter into the upper echelons of the cable world, helping it gain ground against rival Comcast, which withdrew its bid for Time Warner Cable after being scrutinized by regulators.

In 1977, Rutledge joined American Television and Communications, the predecessor of Time Warner Cable, as a manager trainee and eventually rose through the ranks to become president of Time Warner Cable in 2001. AMC Networks) as well as Clearview Cinemas and Newsday.

“It has been an honor and a pleasure to lead Charter and this incredible team over the past 10 years,” Rutledge said. “We have grown the company through innovation and strategic investment and have positioned Charter to provide the best converged connectivity products and services available today. During my 50 years in the industry, I have continually developed the world Its potential to transform and change has been witnessed firsthand, and our opportunity today is greater than ever with ubiquitous connectivity central to everything we do.”

Eric Zinterhofer, lead independent director on Charter’s board of directors, said that when Rutledge was given the CEO reins in 2012, “his reputation as a skilled operator was second to none.” Yet, he added, “We never anticipated the new heights he would take the company to. He redefined and exceeded every measure of success.”

Zinterhofer said Winfrey’s performance impressed the board over the years. “Over the past several years, the power of the bench has been consistently prominent in the charter,” he said. “In particular, Chris has consistently demonstrated outstanding leadership and an impressive track record of accomplishments. He has earned the respect and trust of his peers, the industry, the financial community and this Board. We have our complete confidence in Chris.” Is.

Winfrey’s “leadership and expertise in both operations and finance have been critical to Charter’s growth and success,” Rutledge said.

Winfrey joined the company as CFO in 2010 and assumed the position of CFO in 2021.

“I am grateful to Tom and the board for giving me this appointment and the incredible opportunity to lead this top flight management team and company,” he said. “I am committed to Charter’s success and will continue our track record of providing our customers with the best connectivity products and services, investing in the careers of our employees, and building long-term value for shareholders. “

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