---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-23-000216"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:05:52.039177+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Altice USA names Marc Sirota CFO effective March 1, 2023; Michael Grau transitions to advisor

## Summary
- Michael Grau to step down as CFO effective March 1, 2023; will serve as Senior Advisor to CEO until July 3, 2023, then consultant through March 31, 2024.
- Marc Sirota appointed as new CFO; previously served in senior roles at Comcast including Division CFO and Cable Assistant Controller.
- Sirota receives $500k base salary, 100% target bonus, $200k sign-on cash, $3M RSU grant (3-year vest), and $3M cash performance award.
- Grau to receive $400k severance (12-month installments), prorated 2023 bonus at target, and continued vesting of equity awards during consulting.
- Sirota also eligible for annual long-term incentive awards starting 2024 with $2M target; relocation benefits of $20k/month for up to 6 months.

## SEC filing metadata
- accession: 0000947871-23-000216
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702780/000094787123000216/0000947871-23-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000094787123000216/ss1796197_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-23-000216
- JSON: https://secwatch.observer/filing/0000947871-23-000216.json
- Plain text: https://secwatch.observer/filing/0000947871-23-000216.txt

## Key facts
- Executive change
  Marc Sirota was appointed as Chief Financial Officer at Optimum Communications, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Marc Sirota will be appointed as the Company’s new CFO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000094787123000216/0000947871-23-000216-index.htm
- Executive change
  Michael Grau resigned as Chief Financial Officer at Optimum Communications, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Effective March, 1, 2023, Michael Grau, the Chief Financial Officer (“CFO”) of Altice USA, Inc. (the “Company”) will cease his service as CFO
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000094787123000216/0000947871-23-000216-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.