Cable One, Inc. filed a Form 8-K on October 30, 2026, disclosing the election of Paul Keglevic, age 72, to its board of directors and his appointment to a special committee evaluating strategic alternatives, effective immediately.

Key Highlights

  • Board expanded: The board increased the number of directors from eight to nine, with Paul Keglevic filling the newly created vacancy.
  • Special committee role: Keglevic was named a member of a special committee established to evaluate strategic alternatives.
  • Compensation terms: Keglevic will receive a monthly cash fee of $40,000, plus $7,500 in cash on a "per diem" basis for time devoted to meetings or activities outside normal board duties.
  • Relevant background: Keglevic served as Chief Executive Officer of Energy Future Holdings Corp. from 2016 to 2018, and previously held roles as its Chief Restructuring Officer, Executive Vice President, Chief Financial Officer, and Chief Risk Officer from 2008 to 2018.
  • Current board service: He currently serves on the boards of Evergy, Inc. and Telesat Corporation, according to the filing.
  • 2027 stockholder vote: Keglevic will stand for election at the Company's 2027 Annual Meeting of Stockholders.

Cable One Elects Keglevic and Forms Strategic Alternatives Committee

According to the Form 8-K filed with the SEC on October 30, 2026, the board of directors of Cable One, Inc. (NYSE:CABO), upon recommendation of its Nominating and Corporate Governance Committee, voted to expand the board from eight to nine members and elected Paul Keglevic to fill the resulting vacancy. The appointment was effective immediately as of October 30, 2026.

The filing discloses that Keglevic was simultaneously named to a special committee of the board formed to evaluate strategic alternatives. No further detail about the scope or timeline of that committee's work is provided in the filing. His compensation was set at a monthly cash fee of $40,000, with an additional $7,500 per diem in cash for time spent on meetings or activities beyond normal board duties.

Keglevic's professional background, as described in the filing, includes senior leadership roles at Energy Future Holdings Corp., where he served as Chief Executive Officer from 2016 to 2018, and previously as Chief Restructuring Officer, Executive Vice President, Chief Financial Officer, and Chief Risk Officer from 2008 to 2018. Before that, he served as an audit partner at PricewaterhouseCoopers LLP and as a partner at Arthur Andersen LLP. The filing states that there are no family relationships between Keglevic and any of the Company's directors or executive officers, and no arrangement or understanding with any other person related to his appointment.

What Was Disclosed

Cable One disclosed the election of Paul Keglevic, 72, to its board of directors effective October 30, 2026, his appointment to a special strategic alternatives committee, and his compensation terms of $40,000 per month plus $7,500 per diem for additional duties.