NII Holding’s interim CEO Steve Shindler has been appointed to the position permanently.
He began acting in the position last December following the departure of the previous CEO, Steve Dussek, who left to pursue other opportunities.
Shindler was…
NII Holding’s interim CEO Steve Shindler has been appointed to the position permanently.
He began acting in the position last December following the departure of the previous CEO, Steve Dussek, who left to pursue other opportunities.
Shindler was chairman and CEO of NII between 2000 and 2008. In 2008 he left the position of CEO but continued as chairman.
Before 2000 he was CFO of Nextel Communications, which he joined in 1996, and even earlier he was managing director of Toronto-Dominion Bank, where he raised capital for wireless companies.
NII’s board has indicated that it plans to separate the position of CEO and chairman. It is hoping to appoint a non-executive chairman in the near future.
“Having been in the role on an interim basis for several months, I am excited to serve as NII’s CEO permanently and I am fully committed to the continued success of NII Holdings,” Shindler said.
Carolyn Katz, lead independent director on the company’s board, said: “During his previous tenure as CEO, Steve oversaw a restructuring of the company that was followed by a sustained period of profitable growth. Steve is known for clear decision-making, sound strategic direction and effective engagement with employees.”
Based in the US but with operations in LatAm, NII’s core markets are Brazil and Mexico. It also has units in Argentina, Chile and Peru, but earlier this year it made a strategic decision to divest these businesses. It has already agreed to sell Nextel Peru to Chilean telco Entel.
