|Bid||320.42 x 1200|
|Ask||323.33 x 1200|
|Day's Range||318.56 - 334.14|
|52 Week Range||318.53 - 753.69|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||18.18|
|Earnings Date||Apr 28, 2022 - May 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||602.26|
Charter Communications Chief Executive Tom Rutledge is retiring from the company he has led for the past decade, a time of acquisitions that transformed the cable operator into the industry’s second-largest company. Charter said Wednesday that Chris Winfrey, its current chief operating officer and former finance chief, would become the company’s next CEO, effective Dec. 1. Mr. Rutledge is to serve as executive chairman until November 2023, when his contract is up, and maintain oversight of Charter’s government affairs.
Yahoo Finance's Julie Hyman breaks down notable business headlines that include Charter being ordered to pay $1.15 billion dollars to the family of a stabbing victim, workers at a Philadelphia Home Depot seeking unionization, and Eataly selling a controlling stake to InvestIndustrial.
Charter Communications Inc. said Wednesday that Chris Winfrey, the company's current chief operating officer, will take over the role of chief executive beginning Dec. 1. He will replace longtime CEO Tom Rutledge, who is retiring from the top post but staying on the board of directors through the end of his contract in November 2023. Rutledge, who's spent 50 years in the industry, will be the board's executive chairman. Charter noted in a press release that Winfrey, who will be taking over the C