Charter Communications, Inc. Announces Executive Promotions
ST. LOUIS--(BUSINESS WIRE)--Aug. 4, 2000--The promotions of Dave Barford to the newly created position of Executive Vice President and Chief Operating Officer; and Kent Kalkwarf to Executive Vice President and Chief Financial Officer for Charter Communications, Inc. (Nasdaq:CHTR) were announced today by Jerry Kent, President and CEO.
With his promotion, Mr. Barford will assume day-to-day responsibility for all Charter system operations, including two operating divisions made up of 12 regions serving some 6.2 million customers. He will also have oversight for customer care, advanced technology, engineering and technical operations.
Mr. Barford joined Charter in 1995 as Senior Vice President of the Western Region in Los Angeles. He was promoted and relocated to St. Louis as Senior Vice President of Operations for Charter's Western Division in 1997. Prior to joining Charter, Mr. Barford served in a variety of senior operations and marketing roles at Comcast Cable, including international operations in Mexico and South America; and new business development in Europe.
"His two decades in the cable industry have afforded him vast operations experience and numerous accomplishments, making him the ideal choice for this important new role in our company," said Mr. Kent. "Assigning day-to-day responsibility for operations to Dave will allow me to focus more on matters strategic to the company and our shareholders, as well as industry and public policy issues that are demanding more and more of my time, " Mr. Kent continued.
As Executive Vice President and CFO, Kent Kalkwarf will retain responsibility for all treasury, finance, acquisition and accounting functions. Mr. Kalkwarf joined Charter as Vice President of Finance and Acquisitions in 1995. He was promoted to Senior Vice President, Mergers and Acquisitions, in 1996; and named Senior Vice President and Chief Financial Officer in 1997. "Kent has been instrumental and achieved great success in growing our company through acquisitions funded by his very successful financing activities, including one of the nation's largest IPOs - the largest media IPO in history, and recent high yield financings in excess of $4.3 billion," Mr. Kent said.
Before joining Charter, Mr. Kalkwarf was a senior tax manager at Arthur Andersen, LLP, where he gained extensive experience in mergers and acquisitions, and partnership formations in the consumer product, real estate and cable television industries. He also headed their international tax practice in St. Louis, and was involved with international acquisitions and divestitures, and foreign tax credit planning.
In conjunction with these promotions, Steve Schumm will assume additional responsibilities as Executive Vice President, Assistant to the President. The information technology and financial controls functions will continue to report to him, in addition to administration, telephony services, regulatory compliance and planning.
With more than 6.2 million customers, Charter Communications, a Wired World(TM) company, is among the nation's largest broadband communications companies. Charter offers an array of advanced broadband services, including cable television under the Charter Cable TV brand; advanced digital video programming services under the Charter Digital Cable(TM) brand; and high-speed Internet access via Charter Pipeline (TM). Charter's Class A common stock is traded on the Nasdaq National Market under the ticker symbol "CHTR." More information about Charter can be found on the Internet at www.chartercom.com.
CONTACT: Charter Communications Inc., St. Louis
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