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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): October 9, 2001
CC V HOLDINGS, LLC
(formerly known as Avalon Cable LLC)
CC V HOLDINGS FINANCE, INC.
(formerly known as Avalon Cable Holdings Finance, Inc.)
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(Exact name of registrants as specified in their charters)
Delaware
Delaware
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(State or Other Jurisdiction of Incorporation or Organization)
333-75415 13-4029965
333-75415-03 13-4029969
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(Commission File Number) (Federal Employer Identification Number)
12405 Powerscourt Drive
St. Louis, Missouri 63131
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(Address of Principal Executive Offices) (Zip Code)
(314) 965-0555
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(Registrant's telephone number, including area code)
ITEM 5. OTHER ITEMS.
On October 9, 2001, Charter Communications, Inc. (the Company), the
Manager of CC V Holdings, LLC (formerly known as Avalon Cable, LLC) and sole
director of CC V Holdings Finance, Inc. (formerly known as Avalon Cable Holdings
Finance, Inc.), announced that the Company's Board of Directors has selected
Carl Vogel as its new President and Chief Executive Officer effective
immediately. Mr. Vogel also has been named a member of the Company's Board of
Directors and its Executive Committee. A copy of the press release is being
filed as Exhibit 99.1 with this report.
ITEM 7. EXHIBITS.
99.1 Press release dated October 9, 2001 *
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* filed herewith
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrants have duly caused this Current Report to be signed on their
behalf by the undersigned hereunto duly authorized.
CC V HOLDINGS, LLC
Dated: October 12, 2001 By: CHARTER COMMUNICATIONS, INC.
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Its Manager
By: /s/ KENT D. KALKWARF
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Name: Kent D. Kalkwarf
Title: Executive Vice President and Chief
Financial Officer
(Principal Financial Officer and Principal
Accounting Officer) of Charter Communications,
Inc. (Manager) and CC V Holdings, LLC
CC V HOLDINGS FINANCE, INC.
Dated: October 12, 2001 By: /s/ KENT D. KALKWARF
--------------------
Name: Kent D. Kalkwarf
Title: Executive Vice President and Chief
Financial Officer
(Principal Financial Officer and Principal
Accounting Officer)
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press release dated October 9, 2001.
PRESS RELEASE EXHIBIT 99.1
[GRAPHIC OMITTED]
FOR RELEASE: October 9, 2001
Charter Selects Carl Vogel as President and CEO
New Chief Executive Brings 20 Years of Telecommunications Experience
ST. LOUIS -- Charter Communications, Inc. (Nasdaq: CHTR) today
announced that its Board of Directors has selected Carl Vogel as the Company's
new President and Chief Executive Officer effective immediately. Mr. Vogel also
has been named a member of Charter's Board of Directors and its Executive
Committee.
In making the announcement, Paul Allen, Chairman of the Board of
Directors, said, "I'm delighted we were able to attract someone with Carl's
ability, experience and expertise to serve as Charter's new President and CEO.
Carl shares my vision that cable represents the premier medium for delivering an
array of advanced broadband services to consumers."
"With the addition of Carl, Charter has one of the strongest and most
experienced management teams in the cable business," Mr. Allen continued. "I'm
truly excited about Charter's prospects and look forward to his coming to St.
Louis to work with COO Dave Barford, CFO Kent Kalkwarf, and the rest of the
talented Charter management team for many years to come."
"I appreciate the vote of confidence that Paul and the other Charter
Board members have shown by giving me this opportunity," Mr. Vogel said.
"Charter is a great company with a strong management team. I look forward to
working with all employees. My challenge is to build on that success and, along
with my new colleagues, to bring the full spectrum of advanced broadband
services to our customers as we fulfill our vision of the Wired World(TM)."
Mr. Vogel has 20 years experience in all facets of the subscription
television business. Prior to becoming Charter's President and CEO, he was a
Senior Vice President of Liberty Media Corp. and Chief Executive Officer of
Liberty Satellite and Technology, a related company focused on investments in
broadband delivery technologies via wired and wireless distribution platforms
worldwide.
Prior to joining Liberty, Mr. Vogel was an Executive Vice President and
Chief Operating Officer of Field Operations for AT&T Broadband and Internet
Services where he oversaw and managed the operations of all AT&T's cable
broadband properties which serve more than 11 million customers. Mr. Vogel
served as Chairman and Chief Executive Officer of Primestar Inc., a national
provider of subscription television services, from June
1998 to June 1999, when at the direction of its investors, he led the sale of
the company to DirecTV, Inc., a subsidiary of Hughes Electronics. Mr. Vogel
served as President and Chief Operating Officer of EchoStar Communications from
1994-1997. He began his career in telecommunications in 1983 at Jones
Intercable, where he served in senior executive capacities for many of its
companies.
About Charter Communications
With nearly 7 million customers in 40 states, Charter Communications, a
Wired World Company(TM), is among the nation's largest broadband communications
companies. Charter provides a full range of advanced broadband services to the
home, including cable television on an advanced digital video programming
platform, marketed under the Charter Digital Cable(TM) brand; and high-speed
Internet access marketed under the Charter Pipeline(TM) brand. Commercial
high-speed data, video and Internet solutions are provided under the Charter
Business Networks(TM) brand. Advertising sales and production services are sold
under the Charter Media(TM) brand.
A Fortune 500 company, Charter is the 2001 recipient of the Outstanding
Corporate Growth Award from the Association for Corporate Growth, the 2001 R.E.
"Ted" Turner Innovator of the Year Award from the Southern Cable
Telecommunications Association, and the 2000 Innovator Award for Technology from
Cablevision Magazine. More information about Charter can be found at
www.charter.com [http://www.charter.com].
###
Statements in this press release regarding Charter Communications' business that
are not historical facts may be "forward-looking statements." Forward-looking
statements are inherently subject to risks, uncertainties and assumptions.
Important factors that could cause actual results to differ materially from any
such forward-looking statements are identified in the reports and documents
Charter files from time to time with the U.S. Securities and Exchange
Commission.
CONTACTS:
Media Analysts
Andy Morgan, 314-543-2217 Mary Jo Moehle, 314-543-2397
amorgan@chartercom.com mmoehle@chartercom.com