Altice USA CEO Dexter Goei Steps Down; Chuck Greene Takes Over
Ticker: OPTU · Form: 8-K · Filed: Feb 10, 2025 · CIK: 1702780
| Field | Detail |
|---|---|
| Company | Altice USA, Inc. (OPTU) |
| Form Type | 8-K |
| Filed Date | Feb 10, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $1,550,000, $3,000,000, $10,000,000, $650,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointments
Related Tickers: ATUS
TL;DR
Altice USA CEO Dexter Goei out, Chuck Greene in. Big changes ahead?
AI Summary
Altice USA, Inc. announced on February 10, 2025, that Dexter Goei will step down as CEO, effective February 4, 2025. He will be succeeded by Charles "Chuck" Greene, who previously served as President and Chief Operating Officer. The company also announced the appointment of Gregg Seeman as Senior Vice President, Corporate Development.
Why It Matters
This leadership change at Altice USA, a major cable and broadband provider, could signal a shift in strategic direction and operational focus for the company.
Risk Assessment
Risk Level: medium — CEO transitions can introduce uncertainty regarding future strategy and execution, potentially impacting investor confidence.
Key Players & Entities
- Altice USA, Inc. (company) — The company filing the report.
- Dexter Goei (person) — Outgoing CEO of Altice USA.
- Charles "Chuck" Greene (person) — Incoming CEO of Altice USA.
- Gregg Seeman (person) — Appointed Senior Vice President, Corporate Development.
- February 4, 2025 (date) — Effective date of CEO transition.
- February 10, 2025 (date) — Date of the 8-K filing.
FAQ
What is the effective date of Dexter Goei's departure as CEO?
Dexter Goei's departure as CEO was effective February 4, 2025.
Who is succeeding Dexter Goei as CEO of Altice USA?
Charles "Chuck" Greene is succeeding Dexter Goei as CEO of Altice USA.
What was Chuck Greene's previous role at Altice USA?
Chuck Greene previously served as President and Chief Operating Officer of Altice USA.
Has Altice USA appointed anyone to a new executive role?
Yes, Gregg Seeman has been appointed Senior Vice President, Corporate Development.
What is the filing date of this 8-K report?
This 8-K report was filed on February 10, 2025.
Filing Stats: 481 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2025-02-10 17:15:11
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share ATUS New York Stock Exchange
- $1,550,000 — ry 1, 2025, Mr. Mathew's base salary is $1,550,000, his target annual cash incentive award
- $3,000,000 — get annual cash incentive award will be $3,000,000 and his annual long-term incentive targ
- $10,000,000 — nual long-term incentive target will be $10,000,000. Mr. Mathew does not received any compe
- $650,000 — ry 1, 2025, Mr. Sirota's base salary is $650,000, his target annual cash incentive award
- $3,500,000 — nual long-term incentive target will be $3,500,000. SIGNATURES Pursuant to the require
Filing Documents
- atus-20250204.htm (8-K) — 27KB
- atus-20250204_g1.jpg (GRAPHIC) — 16KB
- 0001628280-25-004691.txt ( ) — 191KB
- atus-20250204.xsd (EX-101.SCH) — 2KB
- atus-20250204_lab.xml (EX-101.LAB) — 21KB
- atus-20250204_pre.xml (EX-101.PRE) — 12KB
- atus-20250204_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALTICE USA, INC. Dated: February 10, 2025 By: /s/ Michael E. Olsen Michael E. Olsen General Counsel and Chief Corporate Responsibility Officer