Altice USA promotes Michael Olsen to GC & Chief Corporate Responsibility Officer with comp changes

Optimum Communications, Inc.

Michael E. Olsen promoted to General Counsel & Chief Corporate Responsibility Officer effective May 4, 2023.
Annual salary raised to $500,000 in May 2023, increasing to $575,000 effective March 1, 2024.
2023 target LTI increased to $2.75M (incremental $750K grant in June 2023); 2024 target LTI set at $3.0M.
One-time cash bonus of $100,000 payable in May 2023; target cash incentive remains 100% of salary.

item 5.02

Executive movements

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Role change

Michael E. Olsen

General Counsel & Chief Corporate Responsibility Officer

OPTU · Optimum Communications, Inc.

Effective: 2023-05-04
Filed: May 5, 2023, 7:59 PM ET

On May 4, 2023, Michael E. Olsen, Executive Vice President, General Counsel of Altice USA, Inc. (the “Company”), was promoted to become the Company’s General Counsel & Chief Corporate Responsibility Officer.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael E. Olsen changed role as General Counsel & Chief Corporate Responsibility Officer at Optimum Communications, Inc..

Action: promoted
Role: General Counsel & Chief Corporate Responsibility Officer

Exact text from the filing

On May 4, 2023, Michael E. Olsen, Executive Vice President, General Counsel of Altice USA, Inc. (the “Company”), was promoted to become the Company’s General Counsel & Chief Corporate Responsibility Officer.

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Optimum Communications, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-016197

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