This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Charter Communications Names Thomas M. Rutledge As President And CEO

ST. LOUIS, Dec. 19, 2011 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) ("Charter" or the "Company") today announced that its Board of Directors has concluded its previously announced CEO search process and appointed Thomas M. Rutledge as President and Chief Executive Officer. Mr. Rutledge joins Charter immediately and will become the President and Chief Executive Officer effective February 13, 2012.  Mr. Rutledge will also become a member of the Charter Board of Directors at that time.


Mr. Rutledge, 58, joins Charter from Cablevision Systems Corporation, where he served as Chief Operating Officer from April 2004 until December 2011.  A 34-year cable industry veteran, Mr. Rutledge previously served as president of Time Warner Cable.  He began his career in 1977 at American Television and Communications (ATC), a predecessor company of Time Warner Cable.  Mr. Rutledge currently serves on the board of the National Cable and Telecommunications Association (NCTA), and served as Chairman of the NCTA from 2008-2010.

Mr. Rutledge will succeed Michael J. Lovett, who announced in October his plan to step down as President and Chief Executive Officer of Charter on the earlier of April 30, 2012 or when a successor was appointed.  Mr. Lovett will remain in his current capacity until February 12, 2012 to assist Mr. Rutledge in the transition to the new role.

Eric L. Zinterhofer, Chairman of the Board of Charter, said, "After conducting a comprehensive search process, the Board is delighted to welcome Tom to the Charter team.  Tom is a highly accomplished executive with a long track record of success.  He has the rare combination of operational expertise and strategic vision to lead Charter through its promising next phase of growth.  We look forward to working with him.  On behalf of the Board of Directors, I would also like to thank Mike for his many contributions to Charter over the past eight years and for helping to establish a sound strategic and financial footing for the Company during that time.  We wish him the best for the future."

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,131.86 +47.37 0.28%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,838.6430 +8.1730 0.17%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs