Charter revamps senior executives' duties
Charter Communications announced this morning that it had tweaked its senior management team with the addition of more responsibilities for some of its top executives.
Charter characterized the new organizational structure as the best way to leverage the strengths of its leadership team, employees and resources to improve the customer experience and grow customer relationships.
"With this team in place, we are well positioned to execute our strategy and deliver a superior experience to our customers," said Charter CEO and President Mike Lovett. "We have an exceptional leadership team and significant opportunity to grow the business."
Under the new structure, Ted Schremp was named executive vice president of operations and marketing, continuing strategic leadership of marketing and adding responsibility for customer experience transformation, customer care, operations, communications and human resources.
Marwan Fawaz, executive vice president, strategy and chief technology officer, is now taking on leadership responsibility for strategy and innovation of Charter's product portfolio, as well as business development. Fawaz will retain leadership responsibility for engineering/IP infrastructure, information technology and Web technology strategy.
Greg Doody is now executive vice president of programming and legal affairs, expanding his role to include leadership for programming upon Greg Rigdon's departure next month. Rigdon, who was promoted to executive vice president of corporate development and strategy in August, is joining his former Charter boss, Neil Smit, at Comcast as its executive vice president of content acquisition.
Doody will also retain leadership responsibility for government affairs.
Rick Dykhouse has been named senior vice president, general counsel and corporate secretary and will report to Doody.
Charter's senior leadership team was completed last fall with the additions of Don Detampel, executive vice president and president of commercial services, and Chris Winfrey, executive vice president and chief financial officer.
Charter also announced today that its subsidiaries, CCO Holdings LLC and CCO Holdings Capital Corp., would publicly offer $750 million in aggregate principal amount of senior unsecured notes due 2019.
Charter said it would use the net proceeds from the sale of the notes to repay outstanding term loan borrowings under its subsidiary's credit facility and for general corporate purposes.