Charter (ticker: CHTR, exchange: Privately Held)
News Release -
2-Dec-2003
Charter Appoints Derek Chang Executive Vice President of Finance and Strategy ST. LOUIS--(BUSINESS WIRE)--Dec. 2, 2003--Charter Communications,
Inc. (Nasdaq:CHTR) today announced the appointment of Derek Chang to
the newly-created position of Executive Vice President of Finance and
Strategy. Mr. Chang will report to Carl Vogel, President and CEO, and
will have overall responsibility for treasury and mergers and
acquisitions, serving as the primary contact for all banking
relationships.
Mr. Chang was previously Executive Vice President of the Yankees
Entertainment and Sports (YES) Network, a regional sports programming
network in New York where he headed corporate development and
financing activities from the company's inception in 2001 until
earlier this year. Prior to joining YES, he was the Chief Financial
Officer and Co-Chief Operating Officer of GlobalCenter, the web
hosting subsidiary of Global Crossing. Mr. Chang worked for TCI
Communications/AT&T Broadband in Denver from 1997 to 2000, ultimately
as Executive Vice President of Corporate Development where he directed
the Company's M&A activities and managed a multibillion dollar
portfolio of cable joint ventures. He was Treasurer of InterMedia
Partners in San Francisco from 1994 to 1997.
With the announcement of Mr. Chang's appointment, Mr. Vogel said,
"We continue to recruit top talent who will work together with our
existing team towards the goal of increasing Charter's performance and
leadership. Derek is a seasoned professional with an impressive
history in M&A and complicated financings, including significant
trades and partnerships. He possesses excellent relationships in the
industry and the financial community. His background will serve us
well as we continue to make progress on rationalizing our assets and
improving our balance sheet."
A cum laude graduate of Yale University with a B.A. in History,
Mr. Chang also received an MBA from the Stanford University Graduate
School of Business.
Charter Communications, A Wired World Company*, is the nation's
third-largest broadband communications company. Charter provides a
full range of advanced broadband services to the home, including cable
television on an advanced digital video programming platform via
Charter Digital Cable(R) brand and high-speed Internet access marketed
under the Charter Pipeline* brand. Commercial high-speed data, video
and Internet solutions are provided under the Charter Business
Networks* brand. Advertising sales and production services are sold
under the Charter Media* brand. More information about Charter can be
found at www.charter.com.
CONTACT: Charter Communications, Inc., St. Louis
Dave Mack, 303-323-1392
SOURCE: Charter Communications, Inc.
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