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
John M. Zrno, a member of the Board of Directors (the “Board”) of Cincinnati Bell Inc. (the “Company”) informed the Board that he will not stand for re-election at the Company’s 2018 Annual Meeting. Mr. Zrno will continue to serve as a Director until the 2018 Annual Meeting. Mr,. Zrno is currently a member of the Business Development Committee and the Compensation Committee and will continue to serve on such committees until the 2018 Annual Meeting. Mr. Zrno advised the Board that his decision to not stand for re-election did not involve any disagreement with the Company.
After careful deliberation, the Board nominated Leigh R. Fox to stand for election as a member of the Board at the 2018 Annual Meeting to fill the vacancy created by the retirement of Mr. Zrno.
In addition, Phillip R. Cox, Chairman of the Board, informed the Board of his intention to step down from his role as Chairman prior to the 2019 Annual Meeting. Accordingly, the Board anticipates designating a successor to Mr. Cox as Chairman prior to the 2019 Annual Meeting. Mr. Cox also informed the Board that he does not intend to stand for re-election to the Board at the Company’s 2019 Annual Meeting, and that his intention to not stand for re-election did not involve any disagreement with the Company.
A press release announcing these matters is attached hereto as Exhibit 99.1 and incorporated by reference herein.
CINCINNATI BELL INC ExhibitEX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1 Cincinnati Bell Announces Changes to Its Board of Directors CINCINNATI–(BUSINESS WIRE)– Cincinnati Bell Inc. (NYSE:CBB),…To view the full exhibit click here
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.
