CINCINNATI BELL INC. (NYSE:CBB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
CINCINNATI BELL INC. (NYSE:CBB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Retirement of Theodore H. Torbeck as Chief Executive Officer; Appointment of Leigh R. Fox as President and Chief Executive Officer; and Appointment of Thomas E. Simpson as Chief Operating Officer.
Reference is made to the Company’s Current Report on Form 8-K dated March 1, 2017. As stated therein, effective May 31, 2017, Theodore H. Torbeck retired as the Chief Executive Officer of the Company and Leigh R. Fox was appointed President and Chief Executive Officer of the Company. Mr. Torbeck will continue to serve as a director of the Company.
In addition, on June 1, 2017 and effective immediately, Thomas E. Simpson was appointed Chief Operating Officer of the Company. There were no changes to Mr. Simpson’s compensation or employment arrangement as a result of this change in title. As chief operating officer, Mr. Simpson will be responsible for overseeing all aspects of operations, sales and customer care for the Entertainment & Communications Segment. Prior to his appointment as Chief Operating Officer, Mr. Simpson served as Senior Vice President and Chief Technology Officer of the Company since January 2015; Vice President and Chief Technology Officer at Cincinnati Bell Technology Solutions (CBTS) since 2014; Vice President, Research and Development at CBTS since 2010; and Director, Technical Operations at CBTS since 2008. Mr. Simpson began his career with the Company in 2001.
About CINCINNATI BELL INC. (NYSE:CBB)
Cincinnati Bell Inc., along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments. The Entertainment and Communications segment provides products and services, such as high-speed Internet, data transport local voice, long distance, voice over Internet protocol (VoIP), video and other services. Cincinnati Bell Telephone Company LLC, a subsidiary of the Company, is the incumbent local exchange carrier (ILEC) for a geography that covers a radius of approximately 25 miles around Cincinnati, Ohio, and includes parts of northern Kentucky and southeastern Indiana. The IT Services and Hardware segment provides a range of managed IT solutions, including managed telephony, network and infrastructure services, equipment sales and professional IT staffing services. The Company has interest in CyrusOne Inc., which operates carrier-neutral data center properties.
Cincinnati Bell Inc., along with its subsidiaries, provides diversified telecommunications and technology services. The Company operates through two segments. The Entertainment and Communications segment provides products and services, such as high-speed Internet, data transport local voice, long distance, voice over Internet protocol (VoIP), video and other services. Cincinnati Bell Telephone Company LLC, a subsidiary of the Company, is the incumbent local exchange carrier (ILEC) for a geography that covers a radius of approximately 25 miles around Cincinnati, Ohio, and includes parts of northern Kentucky and southeastern Indiana. The IT Services and Hardware segment provides a range of managed IT solutions, including managed telephony, network and infrastructure services, equipment sales and professional IT staffing services. The Company has interest in CyrusOne Inc., which operates carrier-neutral data center properties.