& cplSiteName &

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.            


 

From The Founder
Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Custom TV
Introducing OrbTV: Netscout's MWC Day 1 Recap

2|27|17   |   8:35   |   (0) comments


The executive team of Netscout reviews the first day of Mobile World Congress in Barcelona. Stay tuned for OrbTV -- Light Reading and Netscout's full coverage of the show. We'll have daily show recaps, service provider interviews and tours of the show floor.
LRTV Custom TV
Innovation at MWC: Low-Power IoT for Scottish Sea Lions

2|27|17   |   6:32   |   (0) comments


Light Reading's Liz Coyne tours the GSMA's Innovation City at Mobile World Congress 2017. A key theme of this year's event is how low-power or no-power IoT devices could become a part of our everyday lives. Imagine a world in which over 15 billion shipping pallets communicate with cellular networks down the entire supply chain. Or a parka that reveals your ...
LRTV Huawei Video Resource Center
Huawei Will Accelerate the Spread of the Video Business

2|27|17   |     |   (0) comments


What is the future of the booming video business? What changes will happen to the video industry chain in the future? Hunter Hu, VP of Huawei Video Product Line, shares his viewpoints and explains how Huawei can be an enabler and accelerate the spread of the video business.
LRTV Huawei Video Resource Center
Frost & Sullivan's Jonas Zelba on Going Beyond Connectivity

2|27|17   |     |   (0) comments


Telecom operators across the globe are trying to understand what can they offer beyond connectivity. Operators are already introducing new and innovative services but they are faced with challenges due to unclear business models. Jonas highlights that no one operator can offer all the services itself. Operators in the Middle East should look within their ecosystem ...
LRTV Huawei Video Resource Center
IDC's Paul Black on Cloudification

2|27|17   |     |   (0) comments


Paul Black from IDC shares his insights on how cloudification is expected to combile all aspects of digital transformation.
LRTV Huawei Video Resource Center
Industry Expert Michael Howard Talks About Cloud Native

2|27|17   |     |   (0) comments


Cloud Native is a really nice term and a lot of people are using it. But most of them have their own definition of what Cloud Native means. Michael Howard offers his take on the terminology.
LRTV Custom TV
4.5G Evolution: Peter Zhou on Advanced MIMO Technologies & 5G Business Prep

2|25|17   |     |   (0) comments


In the process of service transformation, operators need to catch three major opportunities and start deploying in 4.5G networks, such as video, household broadband access and digital transformation of vertical industries. 5G is coming. Operators don't need to wait for it to happen but should progressively deploy 4.5G networks by introducing 5G-oriented ...
LRTV Custom TV
What WTTX Can Deliver

2|23|17   |     |   (0) comments


Mohamed Madkour explains the benefits of WTTX while Dimitris Mavrakis discusses the challenges of delivering home broadband access.
LRTV Custom TV
Huawei on Mobile Broadband

2|23|17   |     |   (0) comments


Mohamed Madkour shares his vision on MBB for the next three years.
LRTV Custom TV
Analysys Mason Talks About the Future of Digital Operations

2|23|17   |     |   (0) comments


The future of digital operations has three key aspects: 1. Highly automated operations for both service and network; 2. Highly converged BSS/OSS for business and resources; 3. Highly merged management and control for real-time cloud native operations.
LRTV Interviews
Software Trends in the Telecom Sector

2|23|17   |   03:40   |   (0) comments


Heavy Reading senior analyst James Crawshaw talks with Telecoms.com Editorial Director Scott Bicheno about trends and developments in the telecoms software sector and what to expect at MWC 2017.
LRTV Custom TV
Huawei's Pre-MWC Analyst Briefing 2017 Highlights

2|22|17   |     |   (0) comments


Huawei shares its vision for this year's MWC.
Upcoming Live Events
March 21-22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
March 22, 2017, The Curtis Hotel, Denver, CO
May 15-17, 2017, Austin Convention Center, Austin, TX
May 15, 2017, Austin Convention Center - Austin, TX
June 6, 2017, The Joule Hotel, Dallas, TX
All Upcoming Live Events
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Uber's HR Nightmare: Company Investigates Sexual Harassment Claims
Sarah Thomas, Director, Women in Comms, 2/21/2017
Broadband Has a Problem on the Pole
Mari Silbey, Senior Editor, Cable/Video, 2/21/2017
Verizon to Start Fixed 5G Customer Trials in April
Dan Jones, Mobile Editor, 2/22/2017
Cloud Rains on HPE Earnings
Mitch Wagner, Editor, Enterprise Cloud, 2/24/2017
Verizon Fixed 5G Tests to Top 3Gbit/s?
Dan Jones, Mobile Editor, 2/23/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
Animals with Phones
No One Likes This Click Here
Take a hint!
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.