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Get OPTU alertsMarc Sirota is recorded as CFO at Optimum Communications, Inc. (OPTU). Optimum Communications, Inc. reported in an 8-K filed February 22, 2023 that Marc Sirota was appointed Chief Financial Officer, effective March 1, 2023. The proxy statement of Optimum Communications, Inc. reports total compensation of $4,391,303 for Marc Sirota in fiscal 2024, including a base salary of $598,077. Disclosed compensation is on record for 2 fiscal years. Marc Sirota has spoken on 13 earnings calls across 1 company, most recently for Optimum Communications, Inc. on August 6, 2026. Optimum Communications, Inc. is classified in the Telecom Services industry within the Communication Services sector. Other leadership on record at Optimum Communications, Inc. includes Alexandre Fonseca (Chairman and Board Member), Dennis Mathew (Chairman and Board Member), Dexter Goei (Chairman and Board Member) and 7 others.
“Marc Sirota will be appointed as the Company's new CFO.”
“Starting on slide six, I'll review our subscriber trends. First, on broadband, net subscriber losses were 40,000 in the quarter, and we ended with approximately 4 million broadband subscribers.”
“Starting on slide six, I'll review our subscriber trends. In the fourth quarter, we lost 62,000 net broadband subscribers and ended the year with 4.2 million broadband subscribers.”
“Let's begin on Slide 7 with a review of our financial performance. Total revenue of $2.1 billion declined 5.4% year-over-year. Video cord cutting remains the primary driver of year-over-year revenue declines, representing nearly 6% of total declines, with residential video revenues down close to 10%.”
“Let's begin on Slide 8 with a review of our financial performance. Total revenue declined 4.2% year-over-year and was relatively flat quarter-over-quarter. Year-over-year revenue declines continue to be impacted primarily from video cord-cutting accounting for about 85% of total revenue declines.”
“Adjusted EBITDA has declined in recent years, but notably, we have steadily improved the rate of decline as our transformation gains momentum. Because of our investments and focus, we expect full-year adjusted EBITDA of approximately $3.4 billion in 2025 and full-year revenue between $8.6 billion and $8.7 billion.”
Telecom Services · Communication Services
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2024 | Optimum Communications, Inc. (OPTU) | CFO | $598,077 | $4,391,303 |
| 2023 | Optimum Communications, Inc. (OPTU) | CFO | $421,154 | $7,384,808 |
