leadership
confidence high
sentiment neutral
materiality 0.35
Altice USA EVP HR Colleen Schmidt resigns Dec 31, 2024; stays as advisor through March 2025
Optimum Communications, Inc.
- Colleen Schmidt resigns as EVP, Human Resources effective Dec 31, 2024.
- She will serve as Senior Advisor to the CEO until March 28, 2025 for transition.
- Severance includes $400,000 paid over 12 months, COBRA subsidy, and outplacement.
- Through separation, she keeps base salary, 2024 bonus eligibility, and continues vesting awards.
- No successor named; Company will file full Transition Agreement with Form 10-K.