Frontier Appoints Sheldon Bruha Permanent Chief Financial Officer
June 07 2019 - 8:00AM
Business Wire
Frontier Communications Corporation (NASDAQ:FTR) announced today
that Sheldon Bruha has been named permanent Chief Financial
Officer, effective June 3, 2019. Mr. Bruha joined Frontier in
February 2018 as Senior Vice President and Treasurer and had been
serving as interim Chief Financial Officer since September 1,
2018.
Frontier’s President and Chief Executive Officer Daniel J.
McCarthy stated, “Since joining Frontier, Sheldon has made
significant contributions to the Company, first in his role as
Treasurer, and then as Interim Chief Financial Officer, taking on
matters of increased scope and complexity. With nearly 30 years of
experience in corporate finance, tax, treasury, investor relations,
M&A, capital allocation and capital raising, Sheldon has been a
key leader within our Finance team, and has played a crucial role
in our financial operations, including leading us through important
refinancing transactions and supporting the Company’s
transformation program. We are pleased to have Sheldon join the
senior leadership team in a permanent capacity.”
“Frontier is a dynamic company in an evolving industry, and I
appreciate the opportunity to continue working with Dan, the Board
and the senior leadership team as permanent CFO,” said Mr. Bruha.
“Over the last year I have become deeply familiar with Frontier’s
transformation, and I look forward to leading the Finance team as
we continue our efforts to drive operational efficiencies, generate
free cash flow and enhance our overall capital structure.”
Prior to joining Frontier, Mr. Bruha’s career in global finance
included positions at CDI Corp. and senior financial positions
heading corporate finance, treasury, tax, and investor relations
for Cable & Wireless Communications in Miami and London. He
started his financial career at Lehman Brothers, the global
investment bank, and held senior investment banking positions in
its New York and London offices, focusing on the telecommunications
industry. Mr. Bruha is an honors graduate of Washington University
in St. Louis with a bachelor’s degree in business
administration.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) is committed
to helping customers navigate internet and entertainment services.
As a leader in providing communications services to urban,
suburban, and rural communities in 29 states, Frontier offers a
variety of services to residential customers over its FiOS and
Vantage fiber-optic and its copper networks, including video,
high-speed internet, advanced voice, and Frontier Secure® digital
protection solutions. Frontier Business™ offers communications
solutions to small, medium and enterprise businesses.
Forward-Looking Statements
This document contains "forward-looking statements," related to
future, not past, events. Forward-looking statements address our
expected future business and financial performance and financial
condition, and contain words such as "expect," "anticipate,"
"intend," "plan," "believe," "seek," "see," "will," "would," or
"target." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain. These risks and
uncertainties include, but are not limited to, the factors that are
described in our filings with the U.S. Securities and Exchange
Commission, including our report on Form 10-K and reports on Form
10-Q. These risks and uncertainties may cause our actual future
results to be materially different than those expressed in our
forward-looking statements. We do not undertake to update or revise
these forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190607005202/en/
Frontier Communications CorporationInvestors:Luke
Szymczak,203-614-5044Vice President, Investor
Relationsluke.szymczak@ftr.comMedia:Javier
Mendoza562-305-2345Vice PresidentCorporate Communications and
External Affairsjavier.mendoza@ftr.comBrigid Smith,203-614-5042AVP,
Corporate Communicationsbrigid.smith@ftr.com
Frontier Communications (NASDAQ:FTR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Frontier Communications (NASDAQ:FTR)
Historical Stock Chart
From Jul 2023 to Jul 2024