secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0000947871-23-000351
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA to transition Chairman from Dexter Goei to Alexandre Fonseca; Goei separation terms disclosed
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- Goei steps down as Chairman effective March 22, remains on Board; receives $540K lump sum plus 15 months COBRA.
- Alexandre Fonseca appointed Chairman and director; no committee assignments; no compensation; serves until 2023 annual meeting.
- Director Gerrit Jan Bakker resigns; not due to disagreement; Next Alt designates Fonseca as replacement per Stockholders' Agreement.
- Goei will continue to vest in equity awards as a director under the Company's Long Term Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000094787123000351/0000947871-23-000351-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000094787123000351/ss1893769_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-23-000351

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