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Charter CFO Jessica Fischer Steps Down

1 Sep

Summary

Charter CFO Jessica Fischer is stepping down on October 15.
Kevin Howard has been appointed as the interim CFO.
The company faces competition and broadband customer losses.

Charter Communications announced that its Chief Financial Officer, Jessica Fischer, will be stepping down from her role on October 15. The company has appointed Kevin Howard as the interim CFO to fill the position.

Howard brings relevant experience to the interim role, having previously served as Charter's interim CFO in 2010. He currently holds the positions of executive vice president and chief accounting officer and controller.

The leadership change follows a period of significant challenges for Charter. The company is experiencing steeper-than-expected losses in its broadband customer base. This decline is attributed to intense competition from telecom companies, impacting traditional cable internet services.

Fischer, who joined Charter approximately ten years ago and took on the CFO role in 2021, is departing to pursue another professional opportunity. The company has initiated a search for a permanent finance chief.

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