Charter Communications CFO Fischer to step down in October

Aug 31 (Reuters) - ‌Charter Communications ​said ​on Monday that Chief Financial Officer Jessica ‌Fischer would step down on ⁠October 15 and named Kevin ‌Howard interim CFO.

The company, ‌shares of which were down over 2% in extended ​trading, said it would immediately launch a search ⁠for a finance chief.

Howard, currently Charter's executive ​vice president and chief accounting officer and controller, previously ​served as interim ‌CFO in 2010.

The departure comes while Charter ⁠contends with steeper-than-expected losses in its broadband customer base, as ⁠traditional cable internet faces stiff competition ​from telecom rivals.

Fischer, who joined Charter nearly a decade ago and became ‌CFO in 2021, will relocate for another professional ‌opportunity, the company ⁠said in a ‌statement.

(Reporting by ​Juby Babu in Mexico City; Editing by Joyjeet ‌Das)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• 1789 Capital leads $1 billion Polymarket round at $21 billion valuation - report
• When will Meta overtake Google search in digital ads? Bernstein weighs in
• BofA turns S&P 500 signals from red to yellow: What to buy now