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 OfficersItem 5.02Departure 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 a new employment arrangement (the “Arrangement”) with Laurie Butcher, the Company’s Senior Vice President, Finance. Ms. Butcher serves as the Company’s Principal Financial and Accounting Officer. The Arrangement provides for an increase in annual base salary to $255,000 from $223,203 and was effective October 1, 2018. The Arrangement is attached hereto as Exhibit 10.1
Item 9.01Financial Statements and Exhibits.
ALASKA COMMUNICATIONS SYSTEMS GROUP INC ExhibitEX-10.1 2 ex_130832.htm EXHIBIT 10.1 ex_130832.htm Exhibit 10.1 Alaska Communications Hand Delivered November 7,…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.