Uniti Group Welcomes Harold Zeitz to Its Board of Directors
Uniti Group Welcomes Harold Zeitz to Its Board of Directors
Uniti Group Inc. (Nasdaq: UNIT) has recently made an important announcement regarding its Board of Directors. The company has nominated Harold Zeitz for election as an independent director at the upcoming annual meeting of stockholders. In addition to Zeitz, several current directors will be up for re-election, including Francis X. 'Skip' Frantz, Scott Bruce, Carmen Perez-Carlton, and Kenny Gunderman, the President and CEO of Uniti.
A New Chapter for Uniti
Mr. Zeitz, a distinguished leader in the telecommunications industry, is currently the CEO of Ziply Fiber, which is noted as a leading fiber internet provider in the Pacific Northwest. His experience spans over three decades in the broadband, telecom, wireless, financial services, gaming, and web services sectors. This wealth of knowledge will undoubtedly benefit Uniti as they continue to strengthen their operations in communications infrastructure.
Insights from Leadership
Chairman of the Board, Skip Frantz, expressed his enthusiasm about Zeitz’s nomination. 'We are excited to welcome Harold to the Uniti Board at this pivotal time in our journey,' Frantz stated. He highlighted Zeitz's respected status in the industry and emphasized the value that his insights will bring as Uniti seeks to solidify its position as a national fiber powerhouse.
Harold Zeitz's Vision
Reinforcing his commitment, Zeitz said, 'Joining Uniti's Board represents an extraordinary opportunity for me. I am eager to collaborate with the Board and our management team to drive forward our strategic goals, tapping into Uniti’s vast potential while delivering significant value for our shareholders.'
Acknowledging Contributions
As Uniti embraces new leadership, it also acknowledges the departing contributions of Jennifer Banner, who has opted not to stand for re-election. Ms. Banner’s decade-long service has had a lasting impact on the company, and the Board expressed its sincere gratitude for her dedication and counsel during her tenure.
Elevating the Board's Expertise
Harold Zeitz's appointment marks a strategic move by Uniti to bolster its Board’s expertise. His previous roles as President and COO of Wave Broadband, along with leadership positions at renowned companies such as IGT and AT&T Wireless, underscore his capacity to enhance the Board's effectiveness. Zeitz’s academic credentials include a BA in Economics from Northwestern University and an MBA from the Stanford Graduate School of Business, demonstrating his strong foundation for strategic decision-making.
Uniti's Commitment to Growth
Uniti is committed to acquiring and constructing vital communications infrastructure, establishing itself as a key provider of fiber and wireless solutions. As of the end of the previous year, the company owns approximately 145,000 fiber route miles and 8.8 million fiber strand miles throughout the United States. Therefore, the inclusion of industry veterans like Zeitz positions Uniti favorably as it aims to expand its market presence.
Looking to the Future
The upcoming annual meeting is not just another date in the calendar; it signifies a fresh start for Uniti. The collective experiences of the Board, enhanced by new perspectives, will steer the company towards further achievements. Uniti is poised to innovate and adapt in an ever-evolving telecommunications landscape.
Frequently Asked Questions
What recent appointment was announced by Uniti Group?
Uniti Group has nominated Harold Zeitz as an independent director for election to their Board of Directors.
Who else is being considered for re-election to the Board?
Current directors Francis X. 'Skip' Frantz, Scott Bruce, Carmen Perez-Carlton, and Kenny Gunderman are also up for re-election.
What is Harold Zeitz's current position?
Harold Zeitz is currently the CEO of Ziply Fiber, a prominent fiber internet provider in the Pacific Northwest.
What are Uniti Group's main business focuses?
Uniti Group focuses on acquiring and constructing critical communications infrastructure and providing fiber and wireless solutions.
How does the Board feel about Jennifer Banner's tenure?
The Board has expressed deep gratitude for Jennifer Banner’s impactful contributions over her decade-long service.
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