Cable One Appoints New Chairman, Elects Directors
Ticker: CABO · Form: 8-K · Filed: Oct 16, 2024 · CIK: 1632127
Sentiment: neutral
Topics: governance, board-changes, executive-appointments
TL;DR
Cable One board shakeup: McMillin takes over as Chairman, two new directors added.
AI Summary
Cable One, Inc. announced on October 15, 2024, changes in its executive and director roles. Thomas R. McMillin has been appointed as the new Chairman of the Board, succeeding Steven L. Good. Additionally, the company has elected two new directors, Michael J. Smith and David L. Thompson, to its Board.
Why It Matters
Changes in board leadership and composition can signal shifts in strategic direction or governance priorities for the company.
Risk Assessment
Risk Level: low — This filing primarily concerns routine changes in corporate governance and does not involve significant financial transactions or operational disruptions.
Key Players & Entities
- Cable One, Inc. (company) — Registrant
- Thomas R. McMillin (person) — Appointed Chairman of the Board
- Steven L. Good (person) — Succeeding Chairman
- Michael J. Smith (person) — Elected Director
- David L. Thompson (person) — Elected Director
FAQ
Who has been appointed as the new Chairman of the Board for Cable One, Inc.?
Thomas R. McMillin has been appointed as the new Chairman of the Board.
Who did Thomas R. McMillin succeed as Chairman?
Thomas R. McMillin succeeded Steven L. Good as Chairman.
How many new directors were elected to the Board?
Two new directors, Michael J. Smith and David L. Thompson, were elected to the Board.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is October 15, 2024.
In which state is Cable One, Inc. incorporated?
Cable One, Inc. is incorporated in Delaware.
Filing Stats: 689 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-10-16 16:19:53
Key Financial Figures
- $0.01 — ich Registered Common Stock, par value $0.01 per share CABO New York Stock Excha
Filing Documents
- form8-k.htm (8-K) — 26KB
- 0000950157-24-001417.txt ( ) — 157KB
- cabo-20241015.xsd (EX-101.SCH) — 4KB
- cabo-20241015_lab.xml (EX-101.LAB) — 21KB
- cabo-20241015_pre.xml (EX-101.PRE) — 16KB
- form8-k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Cable One, Inc. (the "Company") has determined to eliminate the position of Chief Legal and Administrative Officer, currently held by Peter N. Witty, effective January 1, 2025. As a result, on October 15, 2024, Mr. Witty determined he will retire from the Company on or before June 30, 2025. Following January 1, 2025, and until his retirement, Mr. Witty will continue to be employed by the Company as a senior advisor. Mr. Witty's departure is not as a result of any disagreement with the Company on any matter relating to the Company's operations, policies and practices, including any matters concerning the Company's controls or any financial or accounting-related matters or disclosures. The Company expects to enter into a separation and release agreement with Mr. Witty and will disclose the terms of such agreement in an amendment to this Current Report on Form 8-K. In connection with Mr. Witty's departure, the Company will promote its current Vice President, Deputy General Counsel and Secretary, Christopher J. Arntzen, to the position of Senior Vice President, General Counsel and Secretary effective January 1, 2025. Mr. Arntzen will assume Mr. Witty's responsibilities with respect to legal matters and government affairs, and the Company will reallocate the other job functions currently included as part of the role of Chief Legal and Administrative Officer among other Company employees effective as of January 1, 2025. Mr. Arntzen joined the Company in May 2021 and has more than twenty-five years of legal experience. He started his career practicing law at Baker Botts L.L.P. for over thirteen years as an associate and a partner, and has also held other senior in-house counsel positions, including serving as Vice President and Deputy General Counsel at CenterPoint Energy, Inc. and Deputy General Counsel at ZoomIn
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. Cable One, Inc. By: /s/ Peter N. Witty Name: Peter N. Witty Title: Chief Legal and Administrative Officer Date: October 16, 2024