Altice USA has named former Comcast executive Dennis Matthews as its new CEO after current Dexter Goey signaled he would step down to become chief executive, the company said on Wednesday.
From October 3, Matthew will take over the reins of the cable giant when Goey returns to Europe with his family. The founder and current president of Altice USA, Patrick Drah, will remain as a director of the company.
“I’m excited to welcome someone of Dennis’ caliber and mindset to Altice in the US.” customer service experience, which will serve us well,” Drahi said in a statement.
Matthew joins Altice USA from Comcast, where he held corporate executive roles for 17 years, focusing on residential and commercial businesses. The CEO change also comes after the cable giant confirmed it has put its Suddenlink telecom assets up for sale following interest from several buyers.
Altice provides pay-television, broadband and telephone services to approximately 4.9 million residential and business customers in 21 US states.
“I am honored to assume the role of CEO at this important time for Altice USA. As Altice USA strengthens its position as a convergent wireline and wireless player, I see enormous potential to connect and serve customers in new ways, as well as position the company as the connectivity provider of choice,” Matthew said in a statement. .
“Over the next few months, my focus will be on ensuring a smooth leadership transition and working closely with Dennis on our key strategic initiatives. I welcome Dennis to the Altice USA family and have the utmost confidence in him as we continue to accelerate and execute our fiber strategy and enter the next chapter of our story,” added Goy.
Matthew will work at the company’s headquarters in Long Island City, New York.
Source: Hollywood Reporter
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