Altice USA Expands Financial Leadership Team with Appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller

Rhea-AI Summary

Altice USA (ATUS) appoints John Hsu as SVP, Corporate Finance and John Lombana as SVP, Corporate Controller. Hsu will oversee investor relations, treasury, and risk management. Lombana will handle financial reporting, accounting, and more. Both bring vast industry experience to drive financial and operational excellence for the company.

NEW YORK--(BUSINESS WIRE)-- Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial Officer Marc Sirota.

John Hsu will oversee investor relations, treasury, and risk management functions. John Lombana will be responsible for the company’s financial reporting, accounting, internal controls, tax, revenue assurance, and financial system administration functions.

“As Altice USA and Optimum continue on our path to become the connectivity provider of choice in every community we serve, we are pleased to expand our finance leadership team with the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller,” said Altice USA Chief Financial Officer Marc Sirota. “John Hsu and John Lombana are both talented industry executives with the right experience to lead these critical functions for the company, and we look forward to continuing to deliver operational excellence and financial discipline for the company with them as key partners.”

John Hsu most recently served as EVP, corporate development, treasurer, and investor relations at AMC Networks, where he spent more than a decade managing treasury operations, risk management, investor relations, and AMC Ventures. Prior to that, he worked as VP of financial and strategic planning at Cablevision for seven years. John has also served on various media industry boards, including RLJE, Fubo TV, Philo, and more.

“I am honored to join Altice USA and Optimum at this important moment in the company’s history as it continues on its journey of operational, financial, and cultural transformation,” said Hsu. “It is a homecoming for me, due to my experience earlier in my career at Cablevision, and I’m excited to rejoin the company and partner closely with CFO Marc Sirota and the entire team on executing best-in-class investor relations, treasury, and risk management practices to drive further success and growth for the company.”

John Lombana most recently served as group vice president, chief accounting officer, and corporate controller at Mitsubishi Power Americas, and brings telecommunications experience from earlier in his career when he served as head of corporate finance, consolidations, accounting policy, reporting, and mergers & acquisitions at Verizon, vice president & chief audit executive at AT&T, and executive director, corporate finance and audit at Siemens.

“I am thrilled to return to the telecommunications industry and join the incredible team at Altice USA and Optimum in helping to drive financial and operational excellence for all our stakeholders,” said Lombana. “It’s been incredible to watch the transformation underway at the company over the last year, and as corporate controller I look forward to being part of the team that will move the needle even further.”

About Altice USA

Altice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.7 million residential and business customers across 21 states through its Optimum brand. The Company operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Altice USA also offers hyper-local and international news through its News 12 and i24NEWS networks.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240311833253/en/

Investor Relations

Sarah Freedman: +1 631 660 8714 / sarah.freedman@alticeusa.com



Communications

Lisa Anselmo: +1 516 279 9461 / lisa.anselmo@alticeusa.com

Janet Meahan: +1 516 519 2353 / janet.meahan@alticeusa.com

Source: Altice USA

FAQ

Who are the new appointments at Altice USA (ATUS)?

Altice USA has appointed John Hsu as SVP, Corporate Finance and John Lombana as SVP, Corporate Controller.

What will John Hsu oversee in his new role at Altice USA (ATUS)?

John Hsu will oversee investor relations, treasury, and risk management functions at Altice USA.

What will John Lombana be responsible for at Altice USA (ATUS)?

John Lombana will be responsible for financial reporting, accounting, internal controls, tax, revenue assurance, and financial system administration functions at Altice USA.

What is John Hsu's background prior to joining Altice USA (ATUS)?

John Hsu most recently served as EVP, corporate development, treasurer, and investor relations at AMC Networks and VP of financial and strategic planning at Cablevision.

What experience does John Lombana bring to Altice USA (ATUS)?

John Lombana served as group vice president, chief accounting officer, and corporate controller at Mitsubishi Power Americas, with prior experience at Verizon, AT&T, and Siemens.