Dennis Mathew
Chief Executive Officer
Executive
3 yr
4 reports
Optimum Communications, Inc. ·OPTU
Consumer Services president is sole business-line P&L
Telecommunications · Fortune #442 · Holding structure · 11K employees · Long Island City, New York
View as of:
4
CEO span
↓ tighter than peers (avg 10)
1
Avg span
tight
2
Max depth
2 levels
7 yr
Avg tenure
↓ 1.0yr from FY2024
25%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$8.6B
Operating income
$-112558000
Net income
$-1869024000
Total assets
$30.7B
Shares out
470M
Sourced from Optimum Communications, Inc. DEF 14A · filed 2026-04-30 ↗ View on SEC
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Optimum Communications, Inc. organizational chart
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Consumer Services is the only business P&L reporting to Optimum’s CEO. This page maps Optimum Communications’ unusually centralized leadership structure, details its executive team and board governance, summarizes recent leadership transitions, and compares the model with major U.S. telecom peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Michael Olsen changed role as EVP, General Counsel & CCRO
Announced transition to Senior Executive Counsel effective Oct 1, 2026, with retirement planned for Dec 31, 2027.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO reporting to the CEO to oversee network operations and execution, reducing reliance on a single business president.
- Split Consumer and Enterprise P&Ls Create a separate Enterprise Services president, reducing the Consumer Services span and adding a second P&L leader.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Marc Sirota
Chief Financial Officer
Finance
4 yr
0 reports
internal
Michael Olsen
EVP, General Counsel & Chief Corporate Responsibility Officer
Legal
20 yr
0 reports
Michael Parker
EVP, President – Consumer Services
Consumer Services
1 yr
0 reports
Dennis Mathew
Chairman of the Board
Board
3 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 4 named executive officers disclosed. Bar length scales with total compensation.
Dennis Mathew $15.0M
- Base salary
- $1.54M
- Bonus
- $750K
- Stock awards
- $9.81M
- Option awards
- $2.76M
- Non-equity incentive
- $170K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Marc Sirota $5.6M
- Base salary
- $649K
- Bonus
- $600K
- Stock awards
- $3.43M
- Option awards
- $895K
- Non-equity incentive
- $18K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Michael Olsen $4.7M
- Base salary
- $575K
- Bonus
- $600K
- Stock awards
- $2.94M
- Option awards
- $529K
- Non-equity incentive
- $24K
- Other
- $14K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Michael Parker $3.6M
- Base salary
- $550K
- Bonus
- $191K
- Stock awards
- $2.21M
- Option awards
- $660K
- Non-equity incentive
- $15K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Optimum Communications, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Consumer Services
7K employees
EVP, President – Consumer Services (Michael Parker)
Manages residential broadband, video, mobile, and telephony products across Optimum’s footprint.
Finance
500 employees
Chief Financial Officer (Marc Sirota)
Oversees financial reporting, treasury, capital markets, and investor relations.
Legal & Corporate Responsibility
300 employees
EVP, General Counsel & CCRO (Michael Olsen)
Manages legal affairs, regulatory compliance, ESG, and corporate governance.
The thesis
Why this org is unusual
The most distinctive structural feature is that Optimum Communications has only one operating business-line leader—the President of Consumer Services—reporting directly to the CEO.
Unlike peers that separate broadband, video, mobile, and enterprise into multiple P&L presidents, Optimum concentrates operational ownership in a single consumer executive.
The remainder of the CEO’s span is dominated by corporate control roles. The CFO and General Counsel/CCRO both report directly to the CEO, reflecting a holding-company posture with heavy emphasis on capital structure, legal, and governance oversight. This is consistent with Optimum’s status as a controlled company under Patrick Drahi’s Next Alt ownership and its highly leveraged balance sheet.
Notably absent is a COO or separate enterprise/business services president. Enterprise, advertising, and network operations are not represented as standalone P&L leaders at the CEO level, reinforcing the unusually centralized operating model for a national telecom provider.
- No COO role
- Single P&L business president
- Controlled company governance
The comparison
How Optimum Communications, Inc. stacks up
Compared with major U.S. telecom and cable peers, Optimum Communications operates with a materially narrower CEO span and fewer business presidents. Comcast, Charter, and Verizon each maintain multiple operating presidents or segment CEOs, typically separating consumer, business, and network functions. Optimum’s …
C-suite size
Optimum Communications, Inc.
5
11
10
Reporting depth
Optimum Communications, Inc.
2 levels
5 levels
6 levels
6 levels
6 levels
5 levels
Avg C-suite tenure
Optimum Communications, Inc.
7 yr
7 yr
6 yr
Has COO / Has CAIO
Optimum Communications, Inc. — no COO — no CAIO
Current signals
What changed recently
The most consequential change is the planned 2026–2027 transition and retirement of longtime General Counsel Michael Olsen.
- Date not confirmed reorgMichael Olsen EVP, General Counsel & CCRO
Announced transition to Senior Executive Counsel effective Oct 1, 2026, with retirement planned for Dec 31, 2027.
Source - Date not confirmed newMichael Parker EVP, President – Consumer Services
Appointed to executive officer role in Feb 2025, becoming sole business-line president reporting to CEO.
Source - Date not confirmed reorgLong-Term Incentive Program Executive Compensation
Shifted 2026 LTIP from RSUs to deferred cash awards and cash performance awards.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-30
- CEO
- Dennis Mathew
- CEO span
- 4
- C-suite
- 4
- Avg tenure
- 7 yr
Structure centered on a single consumer P&L leader with heavy corporate oversight.
Named executive officers (4)
- Dennis Mathew - CEO since 2022
- Marc Sirota - CFO since 2021
- Michael Olsen - General Counsel & CCRO since 2005
- Michael Parker - President – Consumer Services since 2025
FY2024
DEF 14A filed 2025-04-30
- CEO
- Dennis Mathew
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 8 yr
No standalone business president role yet.
Named executive officers (3)
- Dennis Mathew - CEO since 2022
- Marc Sirota - CFO since 2021
- Michael Olsen - General Counsel since 2005
FY2023
DEF 14A filed 2024-04-30
- CEO
- Dennis Mathew
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 7 yr
Leadership focused on financial stabilization post Altice rebranding.
Named executive officers (3)
- Dennis Mathew - CEO since 2022
- Marc Sirota - CFO since 2021
- Michael Olsen - General Counsel since 2005
Year-over-year changes
2025 added a dedicated Consumer Services president, expanding the CEO’s span and introducing a formal business P&L role.
- CEO span: 3 → 4
- C-suite size: 3 → 4
- Avg tenure: 8 → 7 yr
- new Michael Parker - President – Consumer Services (DEF 14A, 2026-04-30)
Leadership composition remained stable year over year.
The board
Board of directors
8 directors. 3 of 8 independent (38%). Source: most recent DEF 14A.
Patrick Drahi
Inside
Founder, Altice Group
David Drahi
Inside
Executive, Altice Group
Goei
Inside
Okhuijsen
Inside
Stewart
Inside
Mark Mullen
Independent
Raymond Svider
Independent
Ms. Schnabel
Independent
The board, organized
Board committees
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent 6 mtgs/yr
- Mark Mullen Chair
- Raymond Svider
- Ms. Schnabel
Compensation Committee
100% independent 4 mtgs/yr
- Raymond Svider Chair
- Mark Mullen
- Ms. Schnabel
Frequently Asked Questions
Who is the CEO of Optimum Communications?
Dennis Mathew has served as Chief Executive Officer since 2022 and is also Chairman of the Board.
What type of organizational structure does Optimum Communications use?
Optimum operates as a centralized holding-company structure with limited divisional autonomy.
How many direct reports does Optimum Communications's CEO have?
The CEO has four direct reports, including the CFO, General Counsel, Consumer Services president, and Board Chair role.
How has Optimum Communications's leadership changed recently?
In 2026, the company announced the planned transition and retirement of its long-serving General Counsel and revised its long-term incentive structure.
Does Optimum Communications have a COO?
No. Optimum does not have a Chief Operating Officer, an unusual choice for a national telecommunications provider.
Sources
- 8-K Filing, Apr 2 2026
- DEF 14A, Apr 30 2026
- 8-K Filing, Mar 13 2026
- SEC EDGAR: Optimum Communications, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Optimum Communications, Inc. 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Optimum Communications, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/optimum-communications/MLA 9th
"Optimum Communications, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/optimum-communications/. Accessed .Chicago 17
Creately. "Optimum Communications, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/optimum-communications/.Original SEC source View on SEC ↗
Optimum Communications, Inc.. DEF 14A. Filed 2026-04-30. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1702780/000170278026000023/optu-20260430.htmPermanent URL: https://creately.com/org-chart/fortune-500/optimum-communications/ · last updated 2026-04-01