Nick Jeffery joins Charter Communications (CHTR) as Chief Operating Officer
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Charter Communications appointed Nick Jeffery as Chief Operating Officer effective September 1, 2026, adding a seasoned telecom executive to lead Marketing and Sales, Field Operations, and Customer Operations across Spectrum’s 41-state footprint.
Jeffery’s employment agreement provides a base salary of $1,500,000 and a target annual bonus equal to 225% of base salary, with his 2026 bonus prorated. Within about 30 days of his start date, he will receive stock options with a grant date fair value of $20,000,000 and restricted stock units valued at $500,000, subject to multi-year vesting and continued employment. He is also eligible for recurring annual equity awards with a target value of $11,750,000, reduced to $5,875,000 for 2026.
If Charter terminates him without cause, he resigns for good reason, or the term is not renewed, he may receive cash severance equal to two times salary plus target bonus, a prorated bonus based on actual performance, up to 24 months of COBRA cost reimbursement, and up to 12 months of outplacement services, conditioned on a release of claims and compliance with confidentiality, non-compete and non-solicit covenants.
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Insights
Charter adds a high-profile COO with a sizable, performance-linked pay package.
Charter is bringing in Nick Jeffery, a veteran telecom operator with turnaround experience at Frontier and Vodafone UK, as Chief Operating Officer from
The compensation structure combines a
Severance protections of two times salary and target bonus, prorated bonus, COBRA cost coverage for 24 months, and outplacement support are conditioned on a release and adherence to confidentiality, non-compete, and non-solicit obligations. Subsequent disclosures in company filings may provide detail on how his leadership influences operational metrics and customer satisfaction over time.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 24, 2026
CCO Holdings, LLC
CCO Holdings Capital Corp.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization)
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001-37789
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86-1067239
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333-112593-01
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20-0257904
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(Commission File Number)
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(I.R.S. Employer Identification Number)
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(Address of principal executive offices including zip code)
(203 ) 905-7801
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 5.02 |
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
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On February 25, 2026, Charter Communications, Inc. (the “Company”) announced the appointment of Nick Jeffery as Chief Operating Officer of the Company,
effective September 1, 2026.
Mr. Jeffery, age 58, served as President and Chief Executive Officer of Frontier Communications from 2021 until its acquisition by Verizon in January
2026. Mr. Jeffery has over 30 years of expertise and leadership in the telecommunications industry. Prior to joining Frontier Communications, he was a member of the Vodafone Group Executive Committee, a world-leading wireless and wireline operator
and, as CEO, led the turn-around of Vodafone UK, the company’s home market. Mr. Jeffery founded and grew Vodafone’s Internet of Things business to become a world leader. Mr. Jeffery was additionally a Trustee of The Vodafone Foundation. Prior to
joining Vodafone, Mr. Jeffery also spent more than a decade at Cable & Wireless, one of the world’s largest wireline companies, where he was CEO from 2012-2013. He was Head of Worldwide Sales and European EVP at Ciena Inc. from 2002 until 2004.
In 2020 Mr. Jeffery was named CEO of the Year at the Mobile Industry Awards. Mr. Jeffery is a graduate of the University of Warwick, U.K. with a B.S. in Economics, and a graduate of both INSEAD-Europe and Wharton U.S. Management Development
programs.
There are no arrangements or understandings between Mr. Jeffery and any other persons pursuant to which Mr. Jeffery was appointed as Chief Operating
Officer of the Company.
Employment Agreement with Mr. Jeffery
On February 24, 2026, the Company and Mr. Jeffery entered into an employment agreement. The employment agreement provides for Mr. Jeffery’s appointment
as Chief Operating Officer of the Company effective September 1, 2026, and has a term ending on September 1, 2029, subject to renewal by the Company (or upon an earlier termination of employment). Pursuant to the employment agreement, Mr. Jeffery
will receive an annual base salary of at least $1,500,000 and a target annual bonus opportunity of 225% of his annual base salary. Mr. Jeffery’s annual bonus for 2026 will be prorated based on the number of days remaining in 2026 as of the effective
date. Generally no later than 30 days following the effective date, Mr. Jeffery will be granted the following equity awards: (a) stock options with a grant date fair value of $20,000,000, which will vest 25% on September 1, 2028, 50% on September
1, 2029 and 25% on September 1, 2030, subject to his continued employment with the Company on each applicable vesting date or an earlier qualifying termination of service; and (b) restricted stock units with a grant date fair value of $500,000, which
will vest in full on September 1, 2029, subject to his continued employment with the Company or an earlier qualifying termination of service. Mr. Jeffery will also be granted annual equity awards with a target grant date fair value of at least
$11,750,000 in a mix of options and restricted stock units (or entirely as options if elected by Mr. Jeffery), provided that for 2026, the target grant date fair value will be $5,875,000 instead.
Mr. Jeffery will participate in the Company’s employee benefit plans and receive perquisites as generally provided to other senior executives of the
Company. In addition, the Company will reimburse Mr. Jeffery for all reasonable and necessary expenses incurred in connection with the performance of his duties, and Mr. Jeffery is entitled to use Company aircraft for commuting and up to 40 hours of
discretionary personal use per calendar year (without carryover).
The employment agreement provides that, if Mr. Jeffery’s employment is terminated involuntarily by the Company without cause, by Mr. Jeffery for good
reason or upon the Company’s non-renewal of the term, he would be eligible for (a) a cash severance payment equal to two times the sum of his annual base salary and target annual bonus opportunity for the year in which the termination occurs, (b) a
prorated annual bonus for the year of termination based on actual performance, (c) a cash payment equal to the cost of COBRA coverage for 24 months and (d) outplacement services for up to 12 months. In the event of the termination of Mr. Jeffery’s
employment due to death or disability prior to the expiration of the term of the employment agreement, he would be eligible for a prorated annual bonus for the year of termination based on actual performance.
The termination benefits described above are generally subject to Mr. Jeffery’s execution of a release of claims in favor of the Company and its
affiliates. In addition, Mr. Jeffery has agreed to comply with covenants concerning non-disclosure of confidential information, assignment of intellectual property and non-disparagement of the Company and, for two years following February 24, 2026,
covenants concerning non-competition and non-solicitation of customers and employees of the Company and its affiliates.
A copy of the employment agreement is filed herewith as Exhibit 10.1. The foregoing description of the employment agreement does not purport to be
complete and is qualified in its entirety by reference to the full text of that document that is filed as Exhibit 10.1 and incorporated by reference herein.
| ITEM 7.01. |
REGULATION FD DISCLOSURE.
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The press release announcing the appointment of Mr. Jeffery as Chief Operating Officer is attached hereto as Exhibit 99.1.
The information contained in this Item 7.01 of this Current Report on Form 8-K, including the Press Release, shall not be deemed “filed” for the purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Further, such information shall not be deemed incorporated by reference into any reports or filings with the Securities and Exchange Commission,
whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing.
| ITEM 9.01. |
FINANCIAL STATEMENTS AND EXHIBITS.
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Exhibit
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Description
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10.1
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Employment Agreement, dated as of February 24, 2026, by and between Charter Communications, Inc. and Nick Jeffery.
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99.1
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Press Release dated February 25, 2026.
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104
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The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, each of Charter Communications, Inc., CCO Holdings, LLC and CCO Holdings
Capital Corp. has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
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CHARTER COMMUNICATIONS, INC.
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Registrant
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By:
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/s/ Jamal Haughton
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Jamal Haughton
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Date: February 25, 2026
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Executive Vice President, General Counsel and Corporate Secretary
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CCO Holdings, LLC
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Registrant
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By:
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/s/ Jamal Haughton
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Jamal Haughton
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Date: February 25, 2026
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Executive Vice President, General Counsel and Corporate Secretary
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CCO Holdings Capital Corp.
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Registrant
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By:
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/s/ Jamal Haughton
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Jamal Haughton
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Date: February 25, 2026
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Executive Vice President, General Counsel and Corporate Secretary
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Exhibit 99.1
CHARTER COMMUNICATIONS NAMES FRONTIER CEO NICK JEFFERY CHIEF OPERATING OFFICER
STAMFORD, Conn. – Feb. 25, 2026 - Charter Communications, Inc. (NASDAQ: CHTR) today announced the appointment of Nick Jeffery as its Chief Operating Officer.
Jeffery will lead Marketing and Sales, Field Operations, and Customer Operations across Spectrum’s residential and business Seamless Connectivity and Entertainment services. Based in Stamford, Jeffery will begin on September 1, 2026.
In his new role as Chief Operating Officer, Jeffery will work closely as part of Charter’s senior leadership team to build on the company’s assets, enhance its
service reputation and industry-leading Customer Commitment, and deliver growth through operational innovation and customer-centric execution across the Company’s 41-state footprint.
“Nick’s leadership, growth mindset and operational expertise combined with his proven ability to improve customer service across residential, mobile, and B2B
markets make him the ideal person to help accelerate Spectrum’s next phase of growth,” said Chris Winfrey, President & Chief Executive Officer, Charter Communications, to whom he will report.
“He successfully reinvented the consumer and business services reputation of both Frontier and Vodafone by systematically strengthening the customer experience
and implementing innovative go-to-market strategies that delivered significant revenue, profitability and customer growth. His experience will be a real asset to our Company, and I welcome Nick to the team as we continue to position Spectrum as
America’s most reliable and affordable connectivity provider.”
Jeffery joins Charter from Frontier Communications, where he has most recently served as President and Chief Executive Officer since 2021, leading the company’s
transformation from bankruptcy to sustained revenue growth, expansion of fiber network passings, and rapid improvement in customer satisfaction, including a 60-point swing in its customer Net Promoter Score (NPS).
Prior to Frontier, Jeffery served as Chief Executive Officer of Vodafone UK from 2016, where he led a multi-year turnaround, returning Vodafone’s home market in
the UK to mobile and broadband revenue, and EBITDA and cash flow growth, underpinned by NPS market leadership.
With more than three decades of executive experience across global telecommunications markets, Jeffery is recognized for driving operational transformation,
strengthening customer relationships, directing consumer marketing strategies and delivering results across diverse market environments — skills that directly align with Charter’s priorities for operational excellence and customer-first service.
“I am honored to join a connectivity leader at such an exciting moment in its evolution,” said Jeffery. “Spectrum has winning assets with its fully deployed
converged network, industry leading video strategy and meaningful investments in network and customer service operations that provide a foundation for further growth. I look forward to partnering with this talented executive team to continue to
improve the customer experience, operational performance, and growth across the business.”
Spectrum continues to invest in its network to meet the evolving needs of its customers. With a growing suite of broadband, TV, mobile and voice services
delivered over its Fiber Broadband Network infrastructure, Spectrum remains focused on affordable connectivity, innovation, reliability, and operational excellence as core pillars of its strategy.
About Charter
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company with services available to 58 million homes and small to large businesses
across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and
supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.
More information can be found at corporate.charter.com.
Contacts:
Media
Cameron Blanchard, cameron.blanchard@charter.com
Investor Relations
Stefan Anninger, stefan.anninger@charter.com
FAQ
What executive role is Nick Jeffery taking at Charter Communications (CHTR)?
Nick Jeffery is becoming Chief Operating Officer of Charter Communications, effective September 1, 2026. He will lead Marketing and Sales, Field Operations, and Customer Operations across Spectrum’s residential and business services, working as part of the senior leadership team to support growth and customer-focused execution.
What are the key compensation terms in Nick Jeffery’s employment agreement with Charter (CHTR)?
Nick Jeffery will receive a base salary of $1,500,000 and a target annual bonus equal to 225% of salary. He is also eligible for significant equity awards, including a $20,000,000 stock option grant and $500,000 in restricted stock units, plus recurring annual equity targets.
What equity awards will Nick Jeffery receive as COO of Charter Communications (CHTR)?
Around his start date, Jeffery will receive stock options with a grant date fair value of $20,000,000 and restricted stock units worth $500,000. He is also slated for annual equity awards targeting at least $11,750,000 in value, reduced to $5,875,000 for 2026.
How do Nick Jeffery’s stock options and RSUs at Charter vest over time?
Jeffery’s $20,000,000 stock options vest 25% on September 1, 2028, 50% on September 1, 2029, and 25% on September 1, 2030, contingent on continued employment or qualifying termination. His $500,000 in restricted stock units vest in full on September 1, 2029, under similar conditions.
What severance protections does Nick Jeffery have in his Charter (CHTR) employment agreement?
If he is terminated without cause, resigns for good reason, or the term is not renewed, Jeffery may receive cash severance equal to two times salary plus target bonus, a prorated annual bonus, 24 months of COBRA cost reimbursement, and up to 12 months of outplacement services, subject to a release.
What restrictive covenants apply to Nick Jeffery under his Charter employment agreement?
Jeffery agreed to confidentiality, intellectual property assignment and non-disparagement obligations, plus non-competition and non-solicitation covenants for two years following February 24, 2026. These covenants cover customers and employees of Charter and its affiliates and support protection of company relationships and information.
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