TMCnet News
United States : Windstream adds William LaPerch, Michael Stoltz to board of directors [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Windstream Holdings, Inc. announced today the appointments of William LaPerch and Michael Stoltz to the company s board of directors. LaPerch and Stoltz qualify as independent board members under Nasdaq listing requirements. LaPerch will serve on the board s compensation committee, and Stoltz will serve on the audit committee. The appointments are effective immediately. The company also announced that Dennis Foster will retire from the board of directors on Feb. 1, 2015. As previously announced, Francis X. Skip Frantz will leave the board and become chairman of the board of the real estate investment trust to be created through Windstream s spinoff of certain telecommunications network assets. Frantz will leave the Windstream board upon close of the transaction, which is expected to occur in the first quarter of 2015. I am delighted to welcome Bill LaPerch and Mike Stoltz to our board. Both are distinguished professionals with deep experience in telecommunications and finance, said Jeff Gardner, president and chief executive officer of Windstream. Bill s extensive telecom and technology background will be very beneficial in shaping our ongoing transformation strategy. Mike has provided sound financial advice and strategy to leading public telecommunications providers and his financial expertise uniquely positions him to join our audit committee. We are immensely grateful for Dennis leadership on our board. He also has been a great mentor for me throughout my career, and we wish him the best in his retirement, Gardner said. LaPerch, 59, is the former president and chief executive officer of AboveNet Communications, Inc., a provider of bandwidth infrastructure services. Prior to AboveNet, LaPerch served as president of network services and president of enterprise services for Metromedia Fiber Network, a provider of metro fiber services. He also has held various operations and engineering positions at MCI WorldCom, Inc., a global communications company. LaPerch serves on the boards of Digital Realty Trust, a leading global provider of data center solutions, and Imation Corporation, a global scalable storage and data security company. He is a graduate of the U.S. Military Academy at West Point and received a Master of Business Administration degree from Columbia University. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |