Michel Combes has resigned from the Altice Group, including his posts as Altice USA Director and SFR Group Chairman and CEO, the company has announced.
It means owner Patrick Drahi will tighten his grip on the cable and mobile firm as President of the Board of Altice N.V and will be responsible for the strategic, operational, commercial and technological agenda for the group.
“Michel has been an important part of the Altice story when he first joined the Board of Altice,” said Drahi. “He provided key support and judgment as we developed our expansion strategy. As CEO, Michel critically created the group structure to operate a transatlantic communications business while driving key technology, research and innovation initiatives, which will serve Altice for the future. I would like to personally thank him for his contribution, integrity, loyalty and friendship.”
Dexter Goei will be appointed as CEO of Altice N.V. Goei will continue to focus on the US as CEO and Chairman of Altice USA. In addition, he will take-up responsibility for key central group functions.
Dennis Okhuijsen is appointed Altice Europe CEO in addition to serving as CFO of Altice N.V. He will continue to assume responsibility for all financing and investor relations activities and the European operations CEOs will directly report into him.
Alain Weill, SFR Media CEO, is appointed SFR Group Chairman and CEO, and Altice Media COO. Weill will continue to lead the media business across the group and implement Altice’s content and media convergence strategy in France.
