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Charter Names Smit New President, CEO

Aug 9, 2005  •  Post A Comment

Charter Communications announced Tuesday that its board of directors has elected Neil Smit as president and CEO of the cable company, effective Aug. 22.

Mr. Smit replaces Charter board member Robert May, who has served as interim president and CEO since January, when Carl Vogel was pushed out as chief executive amid director dissatisfaction at the company’s performance. Charter for years has struggled under a mountain of debt that has prevented it from being able to fend off aggressive moves by satellite operators to steal cable customers.

Mr. May will continue to serve on the Charter board and will serve as a member of its strategic planning committee.

Mr. Smit joins the No. 3 cable operator from Time Warner, where he served as president of America Online Access Business, overseeing Internet access services across the company’s Internet services, AOL, CompuServe and Netscape ISP.