secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001628280-24-051081
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA EVP HR Colleen Schmidt resigns Dec 31, 2024; stays as advisor through March 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024051081/0001628280-24-051081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024051081/atus-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-051081

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