Frontier Communications Further Strengthens Management Team
February 04 2020 - 2:03PM
Business Wire
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.
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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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200204005921/en/
Javier Mendoza Vice President Corporate Communications &
External Affairs 562-305-2345 javier.mendoza@ftr.com
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