Charter Communications has snatched its new chief executive officer from a rival cableco.
Charter this week named Thomas Rutledge its new CEO, effective Feb. 13, 2012. Rutledge, who's leaving Cablevision where he served as COO for seven years, will also take a seat on Charter's board of directors.
Rutledge is a 34-year cable industry veteran, previously president of Time Warner Cable. He began his career in 1977 at
"After conducting a comprehensive search process, the board is delighted to welcome Tom to the Charter team," said Eric L. Zinterhofer, chairman of the board of Charter. "Tom is a highly accomplished executive with a long track record of success. He has the rare combination of operational expertise and strategic vision to lead Charter through its promising next phase of growth. We look forward to working with him. On behalf of the Board of Directors, I would also like to thank Mike for his many contributions to Charter over the past eight years and for helping to establish a sound strategic and financial footing for the Company during that time. We wish him the best for the future."