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FTR Frontier Communications Corporation

0.26
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Frontier Communications Corporation NASDAQ:FTR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.26 0.26 0.265 0 00:00:00

Frontier Communications Further Strengthens Management Team

04/02/2020 7:03pm

Business Wire


Frontier Communications (NASDAQ:FTR)
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From Nov 2019 to Nov 2024

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Appoints Mike Shippey Senior Vice President, Wholesale Services

Frontier Communications Corporation (NASDAQ: FTR) today announced that Mike Shippey has been appointed Senior Vice President, Wholesale Services, effective immediately. Mr. Shippey will lead Frontier’s Carrier and Wholesale business, including oversight for sales and marketing, innovation in new solutions and the customer experience. Previously, he served as President of Wholesale Services at Windstream Holdings. Mr. Shippey will be based in Dallas, and reports to John Maduri, Executive Vice President and Chief Customer Officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200204005921/en/

Mike Shippey (Photo: Business Wire)

Rob Schriesheim, Chairman of the Finance Committee of Frontier’s Board of Directors stated, “The Finance Committee, with the support of the full board, recruited CEO Bernie Han, a first-rate operator, as part of a broader transformation and a commitment to upgrading talent across the organization. We remain focused on strengthening Frontier’s management team, and the appointment of Mike Shippey is the next step in our efforts to ensure the successful execution of our strategy.”

Mr. Schriesheim continued, “Our focus is on allocating our human and capital resources to generate value for our customers and our stakeholders by (1) improving our operating performance; (2) investing in our customers and upgrading the business when and where returns are appropriate; and (3) delevering our balance sheet to an appropriate level. Our ability to maximize value will be driven in large part by identifying the right leaders to execute this capital allocation framework with a more flexible capital structure. Pursuing this plan will provide us with the necessary optionality to pivot and best position the Company to compete and deliver value for our customers and all of our stakeholders.”

Bernie Han, President and CEO, commented, “Recruiting top management talent is critical to implementing our vision and executing our strategy. This means identifying and attracting leaders with track records of delivering results in areas important to our business. We will continue to appoint leaders known for delivering performance, and Mike is a perfect example of our commitment to doing so. With Mike’s expertise, we will focus on and invest in our customers for the long term, while demanding discipline, performance and accountability across the Company.”

About Mike Shippey

Mr. Shippey most recently served as President, Wholesale of Windstream Holdings from 2014 to 2018, during which time he led a $700 million business and managed a 500-person team. Prior to Windstream Mr. Shippey held executive level and other leadership positions at YMAX Communications, Covista Communications and Teleglobe. He received his Bachelor of Science in Finance from Virginia Polytechnic Institute and State University (Virginia Tech).

About Frontier Communications

Frontier Communications Corporation (NASDAQ: FTR) offers a variety of services to residential and business customers over its fiber-optic and copper networks in 29 states, including video, high-speed internet, advanced voice, and Frontier Secure® digital protection solutions.

Javier Mendoza Vice President Corporate Communications & External Affairs 562-305-2345 javier.mendoza@ftr.com

1 Year Frontier Communications Chart

1 Year Frontier Communications Chart

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1 Month Frontier Communications Chart