– USA, CT – Frontier Communications Corporation (NASDAQ:FTR) today announced its planned succession in the leadership of its Board of Directors, effective April 1, 2016. Maggie Wilderotter, the Company’s CEO for ten and one-half years and its Executive Chairman since April 1, 2015, will be succeeded as Chairman by Pamela D. A. Reeve.
Reeve joined the Frontier Communications Board in 2010 and currently serves as Lead Director. During her 15 year tenure at Lightbridge, Inc., a global provider of mobile business software and technology solutions, Reeve held executive positions including President and Chief Executive Officer. She currently serves as a director on the boards of Sonus Networks, Inc. and American Tower Corporation, where she is also Lead Director.
Wilderotter said, “Pam’s strong leadership skills, extensive background in telecommunications and technology, as well as her tenure on Frontier’s board, make her the right choice to serve as Frontier’s new Chairman. With our transformative Verizon acquisition solidly on track, the Board is comfortable moving forward as planned with an independent Chairman of the Board in 2016.”
CEO Dan McCarthy said, “I wish to thank Maggie for her extraordinary contributions to our Company. The Frontier Communications of today bears little resemblance to the regional telephone company that Maggie joined to lead in 2004. Today, Frontier is a national Internet and telecom services provider with operations in 28 states and nearly 8.5 million addressable households. We are on the cusp of doubling in size and further transforming the Company when we close and integrate high-quality Verizon assets in California, Texas and Florida in 2016. Maggie has provided outstanding leadership and we wish her and her family all the best.”
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) offers broadband, voice, video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses and home offices and advanced communications for medium and large businesses in 28 states. Frontier’s approximately 18,600 employees are based entirely in the United States.
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