Tom Rutledge to Resign from Cablevision

BETHPAGE, NY--(BUSINESS WIRE)-- Cablevision Systems Corp. (NYSE: CVC) today announced that Tom Rutledge, chief operating officer, has informed the company that he will resign.

Mr. Rutledge joined Cablevision in 2002 as the company’s president of cable and communications. He became chief operating officer in 2004, assuming additional responsibilities for Cablevision’s Rainbow Media, which is now a separate public company called AMC Networks; Local Media properties including Newsday and other businesses and administrative functions.

“Everything I hoped for when I came to Cablevision has come true. I am proud of our record of success, and of the strong leadership team that remains in place to continue this work,” Mr. Rutledge said. “I have spent my entire working life – 34 years – in the cable industry, but my decade at Cablevision will always stand out because of the things we were able to achieve and the value we were able to deliver to customers in the most competitive market in the nation.”

James Dolan, Cablevision’s president and chief executive officer, commented: “Tom Rutledge has played a key role in driving and shaping Cablevision’s success over the last decade, applying a rare combination of technological vision and operational excellence that has delivered results. We are enormously thankful for his time here.”

Earlier this year, Mr. Rutledge was presented with the NCTA’s Distinguished Vanguard Award for Leadership, and was inducted into the Broadcasting & Cable Hall of Fame. He was inducted into the Cable Center Hall of Fame in 2009. His resignation will be effective later this month.

Cablevision indicated that it has an experienced senior management team in place overseeing cable and its other businesses, and that it has commenced a search for an executive with responsibility for oversight of the cable operations.

About Cablevision

Cablevision Systems Corporation (NYSE: CVC) is one of the nation's leading media and telecommunications companies. In addition to delivering its Optimum-branded cable, Internet, and voice offerings throughout the New York area, the company owns and operates cable systems serving homes in four Western states. Cablevision’s local media properties include News 12 Networks, MSG Varsity and Newsday Media Group. Cablevision also owns and operates Clearview Cinemas. Additional information about Cablevision is available on the Web at www.cablevision.com.

CONTACT:

Cablevision Systems Corporation
Charlie Schueler
EVP, Media Relations
516-803-1013

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