– USA, TX – Frontier Communications Parent, Inc. (NASDAQ: FYBR) today announced the appointment of Woody Young to its Board of Directors, effective immediately, expanding the Board to ten members, of whom eight are independent.
“We are delighted to welcome Woody Young to Frontier. Woody brings decades of experience as an investment banker in the telecom industry, as well as deep operational and financial expertise. We look forward to benefitting from Woody’s insight as we build the leading provider of fiber internet access in America and drive shareholder value,” said Executive Chairman, John Stratton.
About Woody Young
Woody Young is the former Chairman of Mergers and Acquisitions at Perella Weinberg Partners, where he also led the firm’s U.S. telecommunications and media advisory businesses. He previously served as the Co-Head of Global Telecommunications, Media, and Technology at Lazard.
Woody Young said, “This is a compelling time to join the Frontier board. I look forward to working closely with Frontier’s directors and management to help execute its strategy, analyze capital allocation and value creation opportunities, and continue the Company’s strong progress.”
About Woody Young
Woody Young has had a 30+ year career in investment banking, with extensive experience in telecommunications M&A. He served as the Chairman of Mergers and Acquisitions at Perella Weinberg Partners, in addition to leading the firm’s U.S, telecommunications and media advisory businesses. Previously, he was the Co-Head of Global Telecommunications, Media, and Technology at Lazard. During his career, Mr. Young has advised companies on some of the most notable deals in the telecommunications sector, including AT&T’s acquisition of Time Warner and Sprint’s merger with Nextel Communications. He previously worked at Merrill Lynch, Lehman Brothers, First Boston, and Bain & Company. He also served as a White House Fellow and special assistant to the Deputy Secretary of the U.S. Treasury from 1991-1992. Mr. Young is a member of the Council on Foreign Relations. Most recently, Mr. Young served as President and a board member of Solidigm.
About Frontier
Frontier is the largest pure-play fiber provider in the U.S. Driven by our purpose, Building Gigabit America, we deliver blazing-fast broadband connectivity that unlocks the potential of millions of consumers and businesses.
SOURCE: https://frontier.com/
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