Charter ($CHTR) appoints Nick Jeffery as Chief Operating Officer effective Sept 1, 2026.
Filed with the SEC on · Summarized by InvestorsBot
Charter ($CHTR) appoints Nick Jeffery as Chief Operating Officer effective Sept 1, 2026. Jeffery (58) was President & CEO of Frontier until its Jan 2026 Verizon acquisition and has 30+ years in telecom leadership. 📢 #CHTR #ExecutiveHire #Telecom
Employment deal (Feb 24, 2026): 3-year term to Sept 1, 2029, base salary ≥ $1.5M, target bonus 225% (2026 prorated). Initial equity: $20M options (vesting 25% 9/1/28, 50% 9/1/29, 25% 9/1/30) + $500k RSUs vesting 9/1/29. 💰 #Compensation #Governance $CHTR
Additional terms: annual target equity $11.75M (2026 pro rata $5.875M), company aircraft commuting + 40 hrs personal use, standard benefits. Severance if fired w/o cause/non-renewal or for good reason = 2x (salary + target bonus) + prorated bonus, 24mo COBRA, 12mo outplacement. 🛩️ #Investors $CHTR