Light Reading
Network DVR visionary Tom Rutledge is to become president and CEO of Charter on Feb. 13

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
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.            


 

Flash Poll
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Light Reedy
Numbers Are In: LR's 2014 Salary Survey

7|24|14   |   1:25   |   (7) comments


Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
LRTV Custom TV
Driving the Network Transformation

7|23|14   |   4:29   |   (0) comments


Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
LRTV Custom TV
Distributed NFV-Based Business Services by RAD

7|18|14   |   5:38   |   (0) comments


With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
LRTV Custom TV
MRV – Accelerating Packet Optical Convergence

7|15|14   |   6:06   |   (0) comments


Giving you network insight to make your network smarter.
LRTV Custom TV
NFV-Enabled Ethernet for Generating New Revenues

7|15|14   |   5:49   |   (0) comments


Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
LRTV Custom TV
Symkloud NVF-Ready Video Transcoding, Big Data

7|9|14   |   3:41   |   (0) comments


Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
LRTV Huawei Video Resource Center
The Evolving Role of Hybrid Video for Competitive Success

7|4|14   |   4:09   |   (0) comments


At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
LRTV Huawei Video Resource Center
How CSPs Leverage Big Data in the Digital Economy

7|4|14   |   4:48   |   (2) comments


Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
LRTV Huawei Video Resource Center
Accelerator for Digital Business – Future Oriented BSS

7|4|14   |   3:08   |   (0) comments


Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Packet Design asks network professionals how they handle the cloud, SDN, and network management.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Is Windstream Boldly Setting a New Trend?
Carol Wilson, Editor-at-large, 7/29/2014
Sprint, T-Mobile: The Price War's On
Sarah Reedy, Senior Editor, 7/30/2014
Pics From Comic-Con -- Honest!
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/30/2014
If Not Muni Networks, Then What?
Carol Wilson, Editor-at-large, 7/28/2014
Verizon Applies 3G Throttling Policy to LTE
Sarah Reedy, Senior Editor, 7/25/2014
Like Us on Facebook
Twitter Feed