Altice USA (NYSE: ATUS) on Sept. 7 announced that its board of directors has appointed Dennis Mathew to the position of chief executive officer, effective October 3, 2022.
Mathew assumes the Altice USA CEO role from Dexter Goei, who has been named executive chair of the company's board of directors, also effective October 3, 2022.
All of Goei’s direct reports will report to Mathew on the effective date.
According to an Altice USA press release:
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.
Founder and current chair of the Altice USA board, Patrick Drahi, will remain a director of the board.
Plaudits post- Comcast
A telecommunications industry veteran, Dennis 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.
Mathew 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.
According to an Altice USA press release, in his previous role Mathew "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."
Mathew will be based in the company’s headquarters in Long Island City, NY.
QUOTES
“I am pleased to welcome someone of Dennis’ caliber and mindset to 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.” -- Patrick Drahi, founder and board of directors chairman, Altice USA
“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.” -- Dexter Goei, executive chair, Altice USA
“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.” -- Patrick Drahi, founder and board of directors chairman, Altice USA
“I am honored to accept the role of CEO at this important juncture for Altice USA. 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.” -- Dennis Mathew, Altice USA CEO (incoming)