Charter's COO out 'on paid leave'.(David Barford on leave pending grand jury investigation into accounting practices)
Multichannel News, October, 2002 by Donohue, Steve
Charter Communications Inc. placed executive vice president and chief operating officer David Barford on paid leave last week, tying the move to a grand jury investigation into the MSO's accounting practices. The decision was striking. On one hand, Charter has repeatedly insisted that although a grand jury is investigating its method of counting subscribers and capitalizing expenses, the company adheres to generally accepted accounting principles.
On the other hand, the MSO has sidelined one of its top executives because of the investigation into its accounting--which company officials have maintained is accurate. "The company determined that the most appropriate course of action at this time is to place Mr. Barford on paid leave pending the result...
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