Cablevision Promotes Bret Richter to Executive Vice President, Corporate Finance & Development

Cablevision Systems Corporation (NYSE: CVC) today announced that Bret Richter has been elevated to the position of executive vice president, corporate finance & development. He will continue to report to Cablevision vice chairman and chief financial officer, Gregg Seibert.

Bret Richter, EVP, Corporate Finance & Development, Cablevision Systems Corporation (Photo: Business Wire)

In his expanded role, Mr. Richter oversees financial strategy and development, corporate financial planning, business planning, and mergers and acquisitions for the Company. He is also responsible for leading the analysis of Cablevision’s operational and business results to ensure that the Company meets its financial goals.

“During the past nine years, Bret has made substantial contributions to Cablevision’s success, including playing leadership roles in the successful spin-offs of both Madison Square Garden and AMC Networks, and the evaluation and execution of the Company’s strategic and return of capital initiatives,” said Mr. Seibert. “We are fortunate to have an executive with Bret’s financial acumen, proven leadership qualities and unwavering dedication to continue to position the Company for the future.”

Mr. Richter previously served as senior vice president, financial strategy & development where he was responsible for mergers and acquisitions, investor relations, corporate development and other critical corporate initiatives.

Before joining Cablevision in 2005, he served as president of The Richter Consulting Group, Inc., a privately held advisory firm that provided consulting services to early stage media companies. Prior to that, he served as senior vice president of finance at NTL Incorporated (a predecessor of Virgin Media) where he took on progressively senior roles, including managing all of NTL’s finance activities as its acting chief financial officer. Mr. Richter was also a member of the media investment banking advisory team at Salomon Brothers Inc.

Mr. Richter holds a Bachelors of Science degree in Applied Economics and Business Management from Cornell University. He lives in Manhattan with his wife and two children.

About Cablevision

Cablevision Systems Corporation (NYSE: CVC) is a leading media and telecommunications company, serving millions of households and businesses throughout the greater New York area. Providing quality products that keep customers connected, Cablevision offers Optimum-branded digital cable television, high-speed Internet and voice services as well as Optimum WiFi, the nation's most robust WiFi network. Cablevision’s Lightpath subsidiary is a premier provider of integrated business communications solutions for larger companies. Through its local media and programming properties – News 12 Networks and Newsday Media Group – Cablevision also delivers news and information created specifically for the communities it serves. Additional information about Cablevision is available at www.cablevision.com.

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