FTE NETWORKS, INC. (OTCMKTS:FTNW) 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
On September 16, 2019, Irving Rothman resigned as a member of the Board of Directors (the “Board”) of FTE Networks, Inc. (the “Company”), and all committees of the Board on which he served, due to the time requirements of other commitments required for service on the Board. Mr. Rothman’s resignation was not the result of any disagreements with the Company relating to the Company’s operations, policies or practices.
On September 17, 2019, the Board appointed Stephen Berini, an independent director of the Board, to the Company’s Audit Committee to replace the vacancy left by Mr. Rothman’s resignation from the Audit Committee.
About FTE NETWORKS, INC. (OTCMKTS:FTNW)
FTE Networks, Inc., (FTE Networks) is a provider of international and regional telecommunications and technology systems, and infrastructure services. The Company’s segments are Telecommunications and Staffing. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its subsidiaries, Jus-Com, Inc. (doing business as FTE Network Services), FTE Wireless, LLC and Focus Venture Partners, Inc. (doing business as FVP Worx). Its services include engineering consulting, design, installation, maintenance and emergency response in various categories, including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, direct current power installation, online service provider/Internet service provider fiber placement, fiber cable splicing and testing. In the wireless space, it provides engineering, design, installation and upgrade of wireless communications networks.
