secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2021-09-09T23:59:59+00:00
Accession:  0001628280-21-018320
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

COO Abdelhakim Boubazine resigns; will serve as Senior Advisor through Dec 31, 2021
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- Abdelhakim Boubazine stepped down as President, Telecom and COO on Sept 9, 2021.
- He will serve as Senior Advisor to CEO through Dec 31, 2021, receiving base salary and continued option vesting.
- Post-separation, Boubazine gets one year base salary, 2021 bonus (subject to Separation Agreement), and 3 months COBRA.
- Boubazine agrees to 12-month non-compete and non-solicit covenants and mutual release of claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828021018320/0001628280-21-018320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828021018320/atus-20210909.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-018320

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer