Cable One, Inc. (NYSE: CABO) has named Jim Holanda as its next Chief Executive Officer, with the transition effective no later than March 31, 2026. The appointment follows the retirement of current CEO Julia M. Laulis, who will step down as Chair of the Board, President, and CEO. Todd M. Koetje, the company’s Chief Financial Officer, will serve as interim CEO until Holanda’s commencement, and Mary E. Meduski has been elected Independent Chair effective January 1, 2026.
Holanda brings 15 years of executive experience from Astound Broadband, where he led the company’s broadband and data services. His background in cable and broadband operations, finance, and business development positions him to accelerate Cable One’s transformation agenda and address the competitive pressures in the broadband market. Laulis has praised Holanda’s track record, noting that his “deep operational expertise and disciplined execution” will help the company navigate the final phases of its video product lifecycle and expand its rural broadband footprint.
The leadership change comes as Cable One continues a multi‑phase transformation that includes billing system consolidation, new product launches, and a strategic partnership with Mega Broadband Investments Holdings (MBI). The company’s December 2024 amendment to the MBI investment provides flexibility for a potential full ownership acquisition, valued at approximately $1.5 billion to $1.7 billion. These initiatives are designed to strengthen the company’s rural broadband presence and improve operational efficiency.
Financially, Cable One reported Q3 2025 results that illustrate the challenges and opportunities driving the transition. Total revenue fell 4.5% year‑over‑year to $376.0 million, largely due to an $8.7 million decline in residential video revenues as the company winds down its legacy video service. Residential data subscriber erosion contributed to the revenue dip, while business data revenues grew modestly. Net income surged 95.7% to $86.5 million, driven by gains on equity investments, and adjusted EBITDA declined to $201.9 million from $213.6 million in Q3 2024, reflecting the impact of the video wind‑down and subscriber churn.
Julia Laulis emphasized that the company remains focused on “disciplined execution of our multi‑phase strategy to return to sustainable growth.” The EPS beat of $5.17 versus the consensus of $6.24 was achieved through cost controls and operational leverage, even as revenue missed analyst estimates. The mixed financial picture underscores the need for a strong leadership team to steer the company through the transition and capitalize on growth opportunities in rural broadband and data services.
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