Charter Communications (OTC BB: CCMM) , which next week will announce second quarter earnings, continues to move toward more normal operations after emerging from bankruptcy last November. The latest steps include naming Craig Jacobsen as an independent member of its board of directors and Kevin Howard as its interim CFO.
Jacobsen's appointment satisfies the final requirement for Charter's reinstatement on the NASDAQ Exchange. A Los Angeles-based attorney, Jacobsen brings 20 years of experience in entertainment law to the board position. He'll also serve as a member of the audit committee, further fulfilling a NASDAQ requirement that the MSO have at least three independent directors on that committee.
Howard will continue to serve as vice president, controller and chief accounting officer in addition to the interim position as CFO where he will replace Eloise Schmitz who will be leaving he company when her contract expires at the end of July.
Charter Communications is on the move - Wireless Backhaul
Lovett becomes president-CEO of Charter Communications