CONSOLIDATED COMMUNICATIONS HOLDINGS, INC. (NASDAQ:CNSL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(b) On October 30, 2017, the Board of Directors (the “Board”) of Consolidated Communications Holdings, Inc. (the "Company") elected, effective as of January 1, 2018 (the “Effective Date”), former Chief Executive Officer Robert J. Currey to the non-executive position of Chairman of the Board. Accordingly, effective as of the Effective Date, Mr. Currey will transition from his role as Executive Chairman of the Board to non-executive Chairman of the Board. As the non-executive Chairman of the Board, Mr. Currey will continue service as a director but will no longer be an officer or employee of the Company.
As previously disclosed, as part of the Company’s chief executive officer succession and transition plan, the Board appointed C. Robert Udell, Jr. as its new President and Chief Executive Officer, effective January 1, 2015, at which point the Board elected Mr. Currey, who served as the Chief Executive Officer of the Company from 2002 until December 31, 2014, to serve as the Executive Chairman of the Board. Mr. Currey’s transition to non-executive Chairman of the Board is the next logical step in this multi-year transition undertaken by the Board.
About CONSOLIDATED COMMUNICATIONS HOLDINGS, INC. (NASDAQ:CNSL)
Consolidated Communications Holdings, Inc. is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas and Wisconsin. The Company operates as both an Incumbent Local Exchange Carrier (ILEC) and a Competitive Local Exchange Carrier (CLEC) dependent upon the territory served. The Company provides a range of services and products that include local and long-distance service, broadband Internet access, video services, Voice over Internet Protocol (VoIP), private line services, carrier grade access services, network capacity services over its regional fiber optic networks, cloud data services, data center and managed services, directory publishing, equipment sales and cloud data services. The Company markets services to its residential customers either individually or as a bundled package.
