Charter's CEO may gets restricted stock.(Charter Communications Inc.'s Robert May )(Brief Article)
Multichannel News, July, 2005
ST. Louis -- Charter Communications Inc. said it has granted interim president and CEO Robert May 100,000 shares of restricted stock that will vest on the day his term as interim CEO ends. May, who has been a director of the MSO since 2004, was named interim CEO in January after then-CEO Carl Vogel resigned.
Charter continues to look for a permanent CEO for the company. Charter also announced that executive vice president and chief operating officer Michael Lovell will receive 75,000 shares of restricted stock. One-third of the restricted shares will vest on each of the first three anniversaries of the grant date, the company said in a Securities and Exchange Commission filing.
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