US-based ISP and telecoms group Windstream has named Bob Gunderman as its interim CFO.
Gunderman, who currently serves as the company’s senior VP and treasurer, will replace Tony Thomas, who has been appointed president of the listed real estate…
US-based ISP and telecoms group Windstream has named Bob Gunderman as its interim CFO.
Gunderman, who currently serves as the company’s senior VP and treasurer, will replace Tony Thomas, who has been appointed president of the listed real estate investment trust (REIT) which will result from the spinoff of some of the company’s network assets.
The spinoff, scheduled to take place in the first quarter of next year, is aimed at reducing its debt levels by US$3.2bn. Upon closing of the transaction, Thomas will become CEO of the REIT.
Windstream said it is currently conducting a national search to find a permanent CFO.
Separately, Windstream COO Brent Whittington resigned on 1 September. At the time, the company said its role would be scrapped and that his duties would be split between Mark Faris, executive vice president of operations, and Randy Nicklas, executive vice president of engineering and chief technology officer.