Cable ONE Inc.

10/16/2024 | Press release | Distributed by Public on 10/16/2024 14:20

Management Change/Compensation Form 8 K

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Cable One, Inc. (the "Company") has determined to eliminate the position of Chief Legal and Administrative Officer, currently held by Peter N. Witty, effective January 1, 2025. As a result, on October 15, 2024, Mr. Witty determined he will retire from the Company on or before June 30, 2025. Following January 1, 2025, and until his retirement, Mr. Witty will continue to be employed by the Company as a senior advisor. Mr. Witty's departure is not as a result of any disagreement with the Company on any matter relating to the Company's operations, policies and practices, including any matters concerning the Company's controls or any financial or accounting-related matters or disclosures. The Company expects to enter into a separation and release agreement with Mr. Witty and will disclose the terms of such agreement in an amendment to this Current Report on Form 8-K.

In connection with Mr. Witty's departure, the Company will promote its current Vice President, Deputy General Counsel and Secretary, Christopher J. Arntzen, to the position of Senior Vice President, General Counsel and Secretary effective January 1, 2025. Mr. Arntzen will assume Mr. Witty's responsibilities with respect to legal matters and government affairs, and the Company will reallocate the other job functions currently included as part of the role of Chief Legal and Administrative Officer among other Company employees effective as of January 1, 2025.

Mr. Arntzen joined the Company in May 2021 and has more than twenty-five years of legal experience. He started his career practicing law at Baker Botts L.L.P. for over thirteen years as an associate and a partner, and has also held other senior in-house counsel positions, including serving as Vice President and Deputy General Counsel at CenterPoint Energy, Inc. and Deputy General Counsel at ZoomInfo Technologies Inc. Mr. Arntzen holds a J.D. from the University of Texas School of Law and a bachelor's degree from Rice University.