---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-016197"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T17:05:41.755062+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-23-016197
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702780/000162828023016197/0001628280-23-016197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000162828023016197/atus-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-016197
- JSON: https://secwatch.observer/filing/0001628280-23-016197.json
- Plain text: https://secwatch.observer/filing/0001628280-23-016197.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828023016197/0001628280-23-016197-index.htm

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