Crown Fort Appoints Kevin A. Stephens to its Board of Administrators
Mr. Stephens brings intensive senior management expertise within the fiber and telecommunications trade, most not too long ago serving as Government Vice President and President, Enterprise Companies for Altice USA.
HOUSTON, Dec. 01, 2020 (GLOBE NEWSWIRE) — Crown Fort Worldwide Corp. (NYSE: CCI) (“Crown Castle”) at present introduced that, as a part of its beforehand introduced Board transition plan, its Board of Administrators has appointed Kevin A. Stephens as a director, efficient instantly, and has decided that Mr. Stephens is an impartial director pursuant to New York Stock Trade itemizing requirements. Mr. Stephens most not too long ago served as Government Vice President and President, Enterprise Companies for Altice USA.
“We are very pleased to welcome Kevin to the Board and look forward to the contributions he will make as a member of our Board,” stated J. Landis Martin, Chairman of the Crown Fort Board of Administrators. “Crown Castle will benefit greatly from Kevin’s extensive experience in the fiber and telecommunications industry as we continue to scale our fiber operations and invest in assets that will help support the development of nationwide 5G networks.”
Ari Q. Fitzgerald, Chairman of the Nominating & Company Governance Committee, stated, “With Kevin, as well as the recent appointments of Tammy K. Jones and Matthew Thornton, III, the Board has added three high caliber individuals with a tremendous mix of skills, diversity, backgrounds and experience. We look forward to working together to help drive continued value creation for all shareholders.”
ABOUT KEVIN A. STEPHENS
Mr. Stephens most not too long ago served as Government Vice President and President, Enterprise Companies for Altice USA. In that position, he was accountable for $1.Four billion in annual income, offering excessive velocity knowledge connectivity and cloud providers to enterprise, wholesale and small and medium enterprise clients. Previous to his position with Altice, Mr. Stephens served as President, Business and Promoting Operations at Suddenlink Communications. Mr. Stephens additionally beforehand held senior management positions at each Fortune 500 and start-up companies, together with Cox Communications, Selection One Communications and Xerox Company, the place he began his profession. Mr. Stephens has served as a board director for a personal manufacturing firm and a various vary of nationwide nonprofit organizations all through his profession, and is at present a member of the funding committee at Cultivation Capital, a personal fairness agency. Mr. Stephens can also be a member of the Government Management Council (ELC). Mr. Stephens holds a B.B.A. from the College of Michigan and an M.B.A. from the College of Southern California.
ABOUT CROWN CASTLE
Crown Fort owns, operates and leases greater than 40,000 cell towers and roughly 80,000 route miles of fiber supporting small cells and fiber options throughout each main U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to important knowledge, know-how and wi-fi service – bringing info, concepts and improvements to the folks and companies that want them.
CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS
This information launch incorporates forward-looking statements which can be primarily based on administration’s present expectations. Such statements embrace plans, projections and estimates concerning (1) the Board transition plan, (2) anticipated contributions from and advantages of Mr. Stephens’ service on the Board of Administrators, (3) Crown Fort’s technique, together with with respect to its fiber operations, and (4) Crown Fort’s investments and any advantages derived therefrom. Such forward-looking statements are topic to sure dangers, uncertainties and assumptions, together with prevailing market situations. Ought to a number of of those dangers or uncertainties materialize, or ought to underlying assumptions show incorrect, precise outcomes may range materially from these anticipated. Extra details about potential dangers that would have an effect on Crown Fort and its outcomes is included in Crown Fort’s filings with the Securities and Trade Fee. The time period “together with,” and any variation thereof, means “together with, with out limitation.”
Dan Schlanger, CFO
Ben Lowe, VP & Treasurer
Crown Fort Worldwide Corp.
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