Attached files
Exhibit
99.1
NEWS
For
Release: December 2, 2009
Robert
Cohn Appointed to Charter Communications Board of Directors
St. Louis, Missouri – Charter
Communications, Inc. (along with its subsidiaries, the “Company” or “Charter”)
today announced that Robert Cohn has been appointed to Charter’s Board of
Directors, effective December 1, 2009.
Mr. Cohn
joins Charter’s Board following the successful completion of the Company’s
financial restructuring and in conjunction with Charter’s Plan of Reorganization
(the “Plan”). As set forth in the Plan, Charter’s Board will
ultimately be comprised of 11 individuals. The final two members are
to be elected by a majority vote of the nine current board members.
Along
with Mr. Cohn, Charter’s Board is comprised of W. Lance Conn, Darren Glatt,
Bruce A. Karsh, John D. Markley, Jr., Bill McGrath, Neil Smit, Christopher M.
Temple and Eric L. Zinterhofer, who will serve as Chairman.
“Charter’s
successful completion of its financial restructuring is a significant
accomplishment,” said Neil Smit, President and Chief Executive Officer.
“Charter’s new Board has a broad range of financial and leadership experience
across a number of industries, and is committed to building value for Charter
and its stakeholders.”
Robert
Cohn said, “Charter has a solid operating platform and a significantly improved
capital structure, and I am delighted to be a part of the Company’s
future.”
Most
recently, Mr. Cohn has served as an independent investor and advisor to growing
companies. Mr. Cohn was a partner with Sequoia Capital from 2002 through 2004, a
high-tech venture capital firm in Silicon Valley that provided the founding
investment to several high tech companies including Google, Yahoo, Cisco and
Electronic Arts. Mr. Cohn was the founder of Octel Communications
Corporation, as well as the company’s Chairman and CEO from its inception in
1982 until it was purchased by Lucent Technologies in 1997. Mr. Cohn
has served on various boards of public and private companies such as Octel,
Trimble Navigation, Electronic Arts and Digital Domain. He is
currently on the boards of Right Hemisphere, Market Live and Taboola and is a
Trustee of Robert Ballard’s Ocean Exploration Trust. Mr. Cohn holds a
BS degree in mathematics and computer science from the University of Florida, an
MBA from Stanford University and is fluent in both French and
English. He is the recipient of the Distinguished Alumnus Award from
the University of Florida.
About
Charter
Charter
Communications, Inc. is a leading broadband communications company and the
fourth-largest cable operator in the United States. Charter provides a full
range of advanced broadband services, including advanced Charter Digital Cable®
video entertainment programming, Charter High-Speed® Internet access, and
Charter Telephone®. Charter Business™ similarly provides scalable, tailored, and
cost-effective broadband communications solutions to business
organizations,
such as business-to-business Internet access, data networking, video and music
entertainment services, and business telephone. Charter's advertising sales and
production services are sold under the Charter Media® brand. More information
about Charter can be found at www.charter.com.
Contacts:
Media:
Anita
Lamont, 314-543-2215
Charter
Communications, Inc.
Andy
Brimmer
Joele
Frank, Wilkinson Brimmer Katcher
212-355-4449
Analysts:
Mary Jo
Moehle, 314-543-2397
Charter
Communications, Inc.