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8-K/A - CCI FORM 8-K - CHARTER COMMUNICATIONS, INC. /MO/ | body.htm |
EX-99.2 - EXHIBIT 99.2 - CHARTER COMMUNICATIONS, INC. /MO/ | exhibit99_2.htm |
Exhibit
99.1
NEWS
David
C. Merritt Appointed to
Charter
Communications Board of Directors
Board
committee appointments made
St. Louis, Missouri – December
15, 2009 - Charter Communications, Inc. (along with its subsidiaries, the
“Company” or “Charter”) today announced that David C. Merritt has been appointed
to Charter’s Board of Directors (the “Board”). Mr. Merritt previously
served on Charter’s board since 2003.
Mr.
Merritt will serve as chair of the Audit Committee of the Board. Christopher M.
Temple will join Mr. Merritt as a member of the Audit Committee.
“We are
extremely pleased that Dave Merritt will serve on Charter’s Board, which is
committed to building value for the Company and its stakeholders,” said Neil
Smit, President and Chief Executive Officer. “Dave’s financial expertise,
discipline and leadership skills complement the broad range experience possessed
by our other Board members.”
The Board
elected Robert Cohn, W. Lance Conn and Eric L. Zinterhofer to the Compensation
and Benefits Committee of the Board. Mr. Conn will serve as the chair
of the Compensation and Benefits Committee.
The
Nominating and Governance Committee will consist of William L. McGrath, John D.
Markley, Jr., and Bruce A. Karsh, who will serve as the chair.
Mr.
Merritt was originally elected to the board of directors of Charter in July
2003, and was also appointed as Chairman of Charter’s Audit Committee at that
time. Effective March 2009, he is a managing director of BC Partners,
Inc., a financial advisory firm. From October 2007 to March 2009, Mr.
Merritt served as Senior Vice President and Chief Financial Officer
of iCRETE, LLC. From October 2003 to September 2007, Mr.
Merritt was a Managing Director of Salem Partners, LLC, an investment banking
firm. He was a Managing Director in the Entertainment Media Advisory
Group at Gerard Klauer Mattison & Co., Inc., a company that provided
financial advisory services to the entertainment and media industries from
January 2001 through April 2003. In December 2003, he became a
director of Outdoor Channel Holdings, Inc. and serves as Chairman of its audit
committee. From 1975 to 1999, Mr. Merritt was an audit and consulting
partner of KPMG serving in a variety of capacities during his years with the
firm, including national partner in charge of the media and entertainment
practice. In February 2006, Mr. Merritt became a director of Calpine
Corporation and serves as Chairman of its Audit Committee. Mr.
Merritt holds a B.S. degree in business and accounting from California State
University – Northridge.
About
Charter
Charter
Communications, Inc. is a leading broadband communications company and the
fourth-largest cable operator in the United States. Charter provides a full
range of advanced broadband services, including advanced Charter Digital Cable®
video entertainment programming, Charter High-Speed® Internet access, and
Charter Telephone®. Charter Business™ similarly provides scalable, tailored, and
cost-effective broadband communications solutions to business organizations,
such as business-to-business Internet access, data networking, video and music
entertainment services, and business telephone. Charter's advertising sales and
production services are sold under the Charter Media® brand. More information
about Charter can be found at www.charter.com.
Contacts:
Media:
Anita
Lamont, 314-543-2215
Charter
Communications, Inc.
Analysts:
Mary Jo
Moehle, 314-543-2397
Charter
Communications, Inc.