Charter Communications executive vice president, programming and legal affairs Gregory Doody, a key figure in the MSO's Chapter 11 bankruptcy reorganization in 2009, said Friday that he will resign that position to return to his corporate restructuring advisory practice.
Doody, who has worked with Charter since 2008 and became an executive in 2009, helped guide the St. Louis MSO through successful financial restructurings. He will remain with the company through a transition period.
Doody is the fourth senior executive to leave Charter in the past four months. In January, CEO Neil Smit left to become president of Comcast Cable Communications. The next month executive vice president of corporate development and strategy Greg Rigdon left to join Smit at Comcast and was followed by executive vice president of operations and marketing Ted Schremp who announced his resignation to spend more time with his family. In March chief technology officer Marwan Fawaz resigned to pursue other opportunities.
"I would like to thank Greg for his tireless efforts and numerous contributions during the restructuring process, while at the same time leading our legal, regulatory and government relations teams," Charter CEO Mike Lovett said in a statement. "His skills have been a great asset to the company and we wish him much success in his future endeavors."
Doody was named to his current position in January. Prior to joining Charter he had led several successful in-court and out-of-court restructurings for large companies like Calpine Corp., and HealthSouth Corp. Doody served as Executive Vice President, General Counsel and Secretary of Calpine Corporation since 2006. Previously, he served as Executive Vice President, General Counsel and Secretary of HealthSouth.
"I have the utmost respect for Mike Lovett and the outstanding senior leadership team he has assembled. Under his leadership, I have every confidence that Charter will enjoy a very bright future," Doody said in a statement. "I am proud of what the Charter team has accomplished over the last several years, and, with Charter now on solid footing, I am ready to return to the restructuring arena and use my skills to assist other companies."
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