Light Reading

Ex-Cablevision COO Becomes Charter CEO

Jeff Baumgartner
LR Cable News Analysis
Jeff Baumgartner
12/19/2011
50%
50%

It didn't take Tom Rutledge long to find a landing spot.

On Monday, just four days after resigning as COO of Cablevision Systems Corp. (NYSE: CVC), Rutledge, 58, was named president and CEO of Charter Communications Inc. He will succeed Michael Lovett, who announced in October his intentions to step down as the top guy at Charter by April 30 at the latest. (See Cablevision COO Resigns and Charter Names New CEO .)

Rutledge was rumored as a possible successor to Lovett the moment he announced plans to leave Cablevision. He'll take the helm of St. Louis-based Charter on Feb. 13, when he will also become a member of the Charter board of directors. Lovett will stay on until Feb. 12 to help with the transition.

Why this matters
Charter gets one of the most well-regarded executives and visionaries in the cable industry. At Cablevision, Rutledge helped champion the MSO's deployment of several advanced technologies and strategies, including its network DVR, its aggressive rollout of Wi-Fi, a live TV streaming app for the iPad and a service that can relay over-the-top video content from PCs to traditional set-top boxes.

With Rutledge's future now known, speculation will simmer down about whether the 34-year cable vet's departure meant Cablevision was thinking about selling itself or going private. As for Charter, which emerged from bankruptcy in November 2009, the addition of Rutledge likely indicates that the MSO is positioning itself for the long haul rather than sprucing itself up for a sale. (See What's Next for Cablevision? and Charter Leaves Chapter 11 .)

For cable hacks, this also means we're in for some entertaining Charter earnings calls next year, because Rutledge is known for going a bit off-script and providing actual news about the company he's operating.

For more
Read more about Charter's CEO search and Rutledge's recent legacy at Cablevision.



— Jeff Baumgartner, Site Editor, Light Reading Cable



(5)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Jeff Baumgartner
50%
50%
Jeff Baumgartner,
User Rank: Light Beer
12/5/2012 | 4:46:04 PM
re: Ex-Cablevision COO Becomes Charter CEO


In cast you're keeping score, Cablevision has 3.26M video subs and Charter has 4.13 million video subs.


Any one willing to guess when Charter will deploy its version of the network DVR? I give them until next fall. JB

Jeff Baumgartner
50%
50%
Jeff Baumgartner,
User Rank: Light Beer
12/5/2012 | 4:46:02 PM
re: Ex-Cablevision COO Becomes Charter CEO


ISI Group's Vijay Jayant points out in a note issued this morning that  Rutledge will have his work cut out for him at Charter. It's less densly clustered (operating in 25 states) with an "embarrassingly low" video penetration of  35% of homes passed, lagging the field, and its voice and data metrics aren't all that great either.


"Yet given Mr. Rutledge's decision to take on the "Charter Challenge" - in one of the toughest cities in the US, mind you - is indicative to us that at 58 years old, he's got plenty of fight in him," the analyst added..  JB

AESerm
50%
50%
AESerm,
User Rank: Light Beer
12/5/2012 | 4:46:01 PM
re: Ex-Cablevision COO Becomes Charter CEO


Rutledge may have his work cut out for him as Jayant says, but if analysts such as Bernstein Research are correct, coaxing more growth out of CVC would have been no cake walk either. In addition to N-DVR, I'd keep an eye out for a la carte and Netflix.

Jeff Baumgartner
50%
50%
Jeff Baumgartner,
User Rank: Light Beer
12/5/2012 | 4:46:00 PM
re: Ex-Cablevision COO Becomes Charter CEO


right, i think the point is that Cablevision's already exhausted its growth potential from an organic standpoint, whereas Charter has plenty to go after... and Rutledge knows a bit about how to maximize that , though it will be a much different kind of challenge at Charter. JB

craigleddy
50%
50%
craigleddy,
User Rank: Blogger
12/5/2012 | 4:45:59 PM
re: Ex-Cablevision COO Becomes Charter CEO


Charter is a challenge, which is why I was a bit surprised about Rutledge's move, but he is first and foremost an operations guy and he is no stranger to disparate cable operations. There could be upside through improvements in Charter's operations and efficiency. As for new products, my bet is he'll start by looking to get more out of existing product lines such as business services.            


 

Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
LRTV Custom TV
End-User or Enterprise Benefits to the New IP

7|30|15   |   04:27   |   (1) comment


Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
LRTV Custom TV
Network Visibility & the New IP

7|30|15   |   02:23   |   (0) comments


Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
Between the CEOs
Video Exclusive With Basil Alwan, Alcatel-Lucent

7|24|15   |   26:44   |   (5) comments


Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
LRTV Custom TV
VDF: Enable the Financial With Mobile Money

7|20|15   |   06:53   |   (0) comments


Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
LRTV Custom TV
Telefónica on OSS Transformation

7|20|15   |   06:01   |   (0) comments


Jose Gonzales discusses the details of Telefónica's operation transformation program.
LRTV Custom TV
Judi Achmadi on Huawei's Cloud Storage Solution

7|20|15   |   03:33   |   (0) comments


Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
LRTV Custom TV
KPN Enlightening Digital Business & IT Transformation

7|20|15   |   06:19   |   (0) comments


Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
LRTV Custom TV
Stratus Telco-Grade Cloud Solutions & NFV

7|20|15   |   07:34   |   (0) comments


Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
LRTV Documentaries
The Six Million Dollar Business Man

7|20|15   |   01:52   |   (0) comments


Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
Between the CEOs
CEO Chat With Anukool Lakhina, Guavus

7|20|15   |   38:51   |   (1) comment


Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
LRTV Custom TV
IBM's Flash Storage With Intel QuickAssist

7|20|15   |   03:18   |   (0) comments


Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
LRTV Huawei Video Resource Center
Thailand's AIS: Transforming to an FMC Operator

7|17|15   |   4:53   |   (0) comments


Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
Upcoming Live Events
September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
November 5, 2015, Hilton Santa Clara, Santa Clara, CA
November 17, 2015, Santa Clara, California
December 1, 2015, The Westin Times Square, New York City
All Upcoming Live Events
Infographics
Network operators start seeing savings from NFV in the first year, according to a study by Affirmed Networks and ACG.
Hot Topics
Robbins Succeeds Chambers as Cisco Changes CEOs
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/27/2015
Cable Feuds With Senate Dems Over STBs
Alan Breznick, Cable/Video Practice Leader, 7/31/2015
RJio to Launch Its Own 4G Devices Brand
Gagandeep Kaur, Contributing Editor, 7/27/2015
Qualcomm Wants FCC to Stay Out of LTE-U Fray
Sarah Thomas, Editorial Operations Director, 7/27/2015
Like Us on Facebook
Twitter Feed
September 22, 2015
Media Begins With “Me”
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
Cats with Phones
Comes With Free Phone Stand Click Here
Who says cats don't have any skills?