Frontier Communications Corporation (NASDAQ: FTR) announced the appointment of Bernard “Bernie” Han as President and Chief Executive Officer and a member of the Board. Han succeeds Daniel McCarthy, who stepped down as President and Chief Executive Officer and from his position on the Board.
Han brings more than 30 years of experience and significant operational and financial expertise.
During his more than 11 years in the telecommunications industry at DISH Network, he served as CFO, COO and as Executive Vice President, Strategic Planning. In these roles Han was responsible for a broad portfolio, including assessing new strategies and markets, operations, customer service, retention marketing, information technology, as well as financial functions consisting of accounting, treasury, tax, financial planning and analysis, investor relations and SEC reporting.
Han was retained by the Finance Committee of the Board as an advisor beginning October 16, 2019, and has been supporting efforts to strengthen the company’s financial position since that time.
Pamela D. A. Reeve, Independent Chairman of Frontier’s Board of Directors, stated, “Bernie is a proven industry leader who has a broad-based background with a long track record of developing organizational talent and enhancing financial and operational performance while driving and navigating strategic shifts in the industry. In addition, he has a passion for serving customers with new and innovative solutions that meet their evolving needs with a focus on increasing value for all stakeholders.”
Reeve continued: “He brings a disciplined approach to operations management, having led turnaround initiatives at DISH Network that increased profitability, enhanced customer experiences and reduced churn rate. The Finance Committee and entire Board are confident that, as CEO, Bernie will further Frontier’s efforts to drive operational improvements in our business while continuing to evaluate the company’s capital structure.”