ALASKA COMMUNICATIONS SYSTEMS GROUP, INC (NASDAQ:ALSK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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ALASKA COMMUNICATIONS SYSTEMS GROUP, INC (NASDAQ:ALSK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ALASKA COMMUNICATIONS SYSTEMS GROUP, INC (NASDAQ:ALSK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Alaska Communications Systems Group, Inc. (the “Company”) entered into an agreement with William Bishop amending his compensation in his role as Interim President and Chief Executive Officer of the Company effective July 1, 2019. The amendment consists of a retention bonus totaling $100,000 to be paid in two equal installments. The agreement is attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

ALASKA COMMUNICATIONS SYSTEMS GROUP INC Exhibit
EX-10.1 2 a52009385ex10_1.htm EXHIBIT 10.1 Exhibit 10.1 Alaska Communications Hand Delivered July 5,…
To view the full exhibit click here

About ALASKA COMMUNICATIONS SYSTEMS GROUP, INC (NASDAQ:ALSK)

Alaska Communications Systems Group, Inc. is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system. It serves customers in various areas, such as Business and Wholesale (broadband, voice and managed IT services); Consumer (broadband and voice services), and Other Services (including carrier termination, equipment sales, access services and support services receiving federal support funding). It provides voice and broadband services to residential customers. It provides voice and broadband origination and termination services to inter and intrastate carriers serving its retail customers.