secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001628280-22-024496
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA CEO Dexter Goei steps down; Dennis Mathew appointed effective Oct 3, 2022
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- Dennis Mathew appointed CEO effective Oct 3; previously SVP at Comcast leading Freedom Region.
- Dexter Goei named Executive Chairman; Patrick Drahi steps down as Chairman, remains on Board.
- Mathew receives $1M base salary, $2M target bonus, $20M equity grant (50% options, 50% RSUs), and $850k sign-on cash.
- Goei transition: $37,500 monthly salary as Executive Chairman, remains eligible for bonus and benefits.
- Comprehensive search conducted due to Goei’s intention to return to Europe with family.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828022024496/0001628280-22-024496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828022024496/atus-20220906.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-024496

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