Frontier Communications Corporation (NASDAQ:FTR) announced today that
Sheldon Bruha has been named permanent Chief Financial Officer,
effective June 3, 2019. Mr. Bruha joined Frontier in February 2018 as
Senior Vice President and Treasurer and had been serving as interim
Chief Financial Officer since September 1, 2018.
Frontier’s President and Chief Executive Officer Daniel J. McCarthy
stated, “Since joining Frontier, Sheldon has made significant
contributions to the Company, first in his role as Treasurer, and then
as Interim Chief Financial Officer, taking on matters of increased scope
and complexity. With nearly 30 years of experience in corporate finance,
tax, treasury, investor relations, M&A, capital allocation and capital
raising, Sheldon has been a key leader within our Finance team, and has
played a crucial role in our financial operations, including leading us
through important refinancing transactions and supporting the Company’s
transformation program. We are pleased to have Sheldon join the senior
leadership team in a permanent capacity.”
“Frontier is a dynamic company in an evolving industry, and I appreciate
the opportunity to continue working with Dan, the Board and the senior
leadership team as permanent CFO,” said Mr. Bruha. “Over the last year I
have become deeply familiar with Frontier’s transformation, and I look
forward to leading the Finance team as we continue our efforts to drive
operational efficiencies, generate free cash flow and enhance our
overall capital structure.”
Prior to joining Frontier, Mr. Bruha’s career in global finance included
positions at CDI Corp. and senior financial positions heading corporate
finance, treasury, tax, and investor relations for Cable & Wireless
Communications in Miami and London. He started his financial career at
Lehman Brothers, the global investment bank, and held senior investment
banking positions in its New York and London offices, focusing on the
telecommunications industry. Mr. Bruha is an honors graduate of
Washington University in St. Louis with a bachelor’s degree in business
administration.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) is committed to
helping customers navigate internet and entertainment services. As a
leader in providing communications services to urban, suburban, and
rural communities in 29 states, Frontier offers a variety of services to
residential customers over its FiOS and Vantage fiber-optic and its
copper networks, including video, high-speed internet, advanced voice,
and Frontier Secure® digital protection solutions. Frontier
Business™ offers communications solutions to small, medium and
enterprise businesses.
Forward-Looking Statements
This document contains “forward-looking statements,” related to future,
not past, events. Forward-looking statements address our expected future
business and financial performance and financial condition, and contain
words such as “expect,” “anticipate,” “intend,” “plan,” “believe,”
“seek,” “see,” “will,” “would,” or “target.” Forward-looking statements
by their nature address matters that are, to different degrees,
uncertain. These risks and uncertainties include, but are not limited
to, the factors that are described in our filings with the U.S.
Securities and Exchange Commission, including our report on Form 10-K
and reports on Form 10-Q. These risks and uncertainties may cause our
actual future results to be materially different than those expressed in
our forward-looking statements. We do not undertake to update or revise
these forward-looking statements.
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