Charter Board Member Steps Down

Sep 15, 2004  •  Post A Comment

Charter Communications said Wednesday that board member Nancy Peretsman resigned from the cable operator’s board as a condition of her employer, Allen & Co., serving as a financial adviser to Adelphia Communications, the bankrupt multiple-system operator that is for sale.

As a condition of Allen & Co.’s handling of the Adelphia sale, the bankruptcy court mandated that Ms. Peretsman step down from Charter’s board.