Leadership transition effective October 3,
2022
Altice USA (NYSE: ATUS) today announces that its Board of
Directors has appointed Dennis Mathew to the position of Chief
Executive Officer, effective October 3, 2022. Mr. Mathew assumes
the CEO role from Dexter Goei who has been named Executive Chairman
of the Board of Directors, also effective October 3, 2022. All of
Mr. Goei’s direct reports will report to Mr. Mathew on the
effective date. Founder and current Chairman of the Board, Patrick
Drahi, will remain a Director of the Board.
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Dennis Mathew (Photo: Altice USA)
Given Mr. Goei’s intention to return to Europe with his family,
with his involvement the Board undertook a comprehensive search for
its new CEO to identify the best leader to advance Altice USA into
its next phase of growth and ensure strategic continuity.
“I am pleased to welcome someone of Dennis’ caliber and mindset
to Altice USA,” said Patrick Drahi, Founder and Chairman of the
Board, Altice USA. “He has an impressive track record at Comcast,
driving transformation and success in highly competitive markets
and redefining the role of telecommunications services for
customers through a superior service experience, all of which will
serve us well. With our fiber network deployment well underway, I
am confident that Dennis is the right leader to build on the
momentum we have made as we bring the most advanced fiber broadband
services to our customers across the country. Dennis’ leadership
approach, along with his commitment to our people, our customers,
and our communities, will have a tremendous impact on Altice USA
today and into the future.”
Mr. Mathew joins Altice USA from Comcast where he spent the last
17 years in senior corporate and operational leadership positions,
leading the company’s largest regions with a focus on all aspects
of the residential and commercial businesses for the entire Comcast
portfolio of products and services. He oversaw the organization’s
strategic, financial, and operational performance in the Freedom
and Western New England Regions, positioning his regions to become
best-in-class for customer experience and employee engagement at
Comcast. Mr. Mathew has successfully led through business
transformation, developing long-term solutions and launching new
businesses and products for Comcast to drive improved performance
and enhance the customer experience for millions of customers
across highly competitive markets.
“I am honored to accept the role of CEO at this important
juncture for Altice USA,” said Mr. Mathew. “As Altice USA advances
its position as a converged fixed and wireless player, I see
immense potential to further connect with and serve customers in
new ways while elevating the company as the connectivity provider
of choice. I look forward to leading such an innovative company
that has the right vision and long-term strategy centered on
investments in fiber infrastructure and a superior customer
experience. I thank Patrick and Dexter for their trust and for the
opportunity, and I am eager to begin working with the talented
leadership team and employees at Altice USA to build on the success
they have achieved and continue to foster an inclusive culture for
all.”
Added Mr. Drahi, “Dexter has effectuated a business and cultural
transformation at Altice USA over the past seven years, building
the company into what it is today with passionate employees who are
committed to our customers and to each other. Given his intention
to return to Europe with his family, Dexter has been involved in
our search for a new CEO and I am grateful for his partnership to
ensure Altice USA has the best leader to advance the company into
its next phase of growth. I have the highest respect for Dexter as
a business partner and confidant and am pleased that he has agreed
to serve as Executive Chairman of the Board of Directors while also
supporting Dennis in his transition to CEO and working on key
strategic initiatives.”
Said Mr. Goei, “Leading Altice USA has been the most rewarding
experience in my career. From our fiber network deployment and
launch of multi-gig fiber broadband offerings to our diversity and
inclusion programs and local community engagement efforts, I could
not be prouder of what we have accomplished together thanks to the
leadership team and the thousands of dedicated employees across the
country who enthusiastically serve our customers and communities
every day. In the months ahead, my focus will be on ensuring a
smooth leadership transition and working closely with Dennis on our
key strategic initiatives. I welcome Dennis to the Altice USA
family and have the utmost confidence in him as we continue to
accelerate and deliver on our fiber strategy and embark on the next
chapter of our story.”
Mr. Mathew will be based in the company’s headquarters in Long
Island City, NY.
About Dennis Mathew
A telecommunications industry veteran, Dennis Mathew spent the
last 17 years in senior corporate and operational leadership
positions at Comcast, leading the company’s largest regions with a
focus on all aspects of the residential and commercial businesses
for the entire Comcast portfolio of products and services.
He oversaw the organization’s strategic, financial, and
operational performance in both the Freedom Region (Southeast
Pennsylvania, New Jersey, Northern Delaware) and Western New
England Region (Connecticut, Vermont, Western Massachusetts, and
areas of New York and New Hampshire), positioning his regions to
become best-in-class for customer experience and employee
engagement at Comcast. Mr. Mathew has successfully led through
business transformation, developing long-term solutions and
launching new businesses and products for Comcast to drive improved
performance and enhance the customer experience for millions of
customers across highly competitive markets.
Prior to joining Comcast, Dennis held positions focused on
technology risk assessment with both PricewaterhouseCoopers and
Andersen/Protiviti.
Mr. Mathew earned a Bachelor of Science degree from the
University of Pennsylvania’s Wharton School. He is a graduate of
the NAMIC Executive leadership Development Program and has been
recognized by Philadelphia Business Journal and Multichannel News
on their “40 Under 40” lists, as well as being named to the
CableFAX “Most Influential Minorities in Cable” list.
In addition, Mr. Mathew is Co-Founder and Chairman of Bloom
India, a nonprofit organization whose mission is to provide
high-quality education to the underprivileged throughout India and
has spent the last decade working with non-profit organizations
focused on anti-human trafficking efforts.
About Altice USA
Altice USA is one of the largest broadband communications and
video services providers in the United States, delivering
broadband, video, and mobile services to nearly 5 million
residential and business customers across 21 states through its
Optimum brand. The Company operates a4, an advanced advertising and
data business, which provides audience-based, multiscreen
advertising solutions to local, regional, and national businesses
and advertising clients. Altice USA also offers hyper-local,
national, international, and business news through its News 12,
Cheddar News and i24NEWS networks.
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Investor Relations Nick Brown: +1 917 589 9983 /
nick.brown@alticeusa.com Sarah Freedman: +1 631 660 8714 /
sarah.freedman@alticeusa.com
Communications Lisa Anselmo: +1 516 279 9461 /
lisa.anselmo@alticeusa.com Janet Meahan: +1 516 519 2353 /
janet.meahan@alticeusa.com
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