Cable One shares slip after CEO change update
Cable One shares moved lower on Wednesday. The stock fell 2.7% after the company announced a leadership change.
Cable One said James Holanda will become its next Chief Executive Officer. He is expected to take over the role by March 31, 2026. The later start allows him to finish earlier professional commitments.
Holanda will replace Julia M. Laulis. She has retired from her roles as Chair of the Board, President, and CEO.
Until Holanda officially joins, the company will have an interim leader. Chief Financial Officer Todd M. Koetje will serve as Interim CEO during the transition period.
The board also announced another change. Mary E. Meduski has been elected as Independent Chair of the Board. Her role will begin on January 1, 2026.
Holanda brings long experience to the role. He has spent more than 35 years in the cable and broadband industry. Most recently, he served as CEO of Astound Broadband for 15 years.
Before that, he was CEO of Choice Cable TV of Puerto Rico. He also worked as President of Patriot Media. Earlier in his career, he held roles at Comcast and later spent five years at Charter Communications. His work there covered accounting, finance, and operations.
Holanda said he is excited to join Cable One. He said he looks forward to leading the company and helping customers stay connected to what matters most.
He holds a bachelor’s degree in Political Science from The Ohio State University.
Meduski said the board is confident in the decision. She noted that Holanda was chosen after a detailed and thorough search process.
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