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"Through these investments in local small businesses, Charter will positively impact financially underserved communities by providing growth capital, creating new jobs and strengthening businesses,” said Charter Chairman and CEO Tom Rutledge.
In addition to the Stamford executive, the CERC board voted to add leaders from Eversource, Avangrid Networks, the Hartford Foundation for Public Giving, and Quinnipiac University.
The company is being hit hard by a migration of its subscribers to services like Netflix and Hulu.
The 500,000-square-foot, 15-story headquarters will be at 406 Washington Ave.
Total consumer TV subscribers fell by 90,000 in the second quarter, compared with a loss of 152,000 subscribers during last year’s second quarter.
The companies say that the resulting efficiencies will provide more choice, innovative products and competitive prices for customers in each of their respective footprints.
The results were driven by its acquisition of Time Warner Cable and Bright House Networks for about $67 billion.