TELEPHONE AND DATA SYSTEMS, INC. (NYSE:TDE) 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. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

During the past five years, Mr. Chambers has held several accounting and finance positions at TDS or U.S. Cellular. Mr. Chambers has been Vice President and Controller of U.S. Cellular since June 2017. Prior to that, he was Vice President and Controller of TDS since March 2015. Prior to that, he served in various accounting and finance capacities at TDS for more than five years.

Further information with respect to Mr. Chambers, including further information with respect to his background and experience, is incorporated by reference herein from the press release attached hereto as Exhibit 99.1.

(3) Mr. Chambers did not become a party, and is not expected to become a party, with TDS or its subsidiaries to any material plan, contract or arrangement or material amendment in connection with the foregoing.

(e) In connection with his retirement on May 18, 2018, it is expected that Mr. Shuma will enter into one or more agreements with TDS relating to his retirement, as well as relating to his agreement to provide consulting services to TDS and its subsidiaries for a period of one year after his retirement. TDS will file a Form 8-K to disclose such agreement or agreements after they are entered into.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits: