|[December 19, 2012]
Frontier Communications Names New EVP & Chief Financial Officer
STAMFORD, Conn. --(Business Wire)--
Frontier Communications Corporation (NASDAQ: FTR) announced today that
John M. Jureller will join the company on January 7, 2013. On February
27, 2013, he will succeed Don Shassian, Executive Vice President and
Chief Financial Officer who has announced his resignation. Mr. Shassian
will be in his current position through the year-end 2012 closing
process and filing of the year-end financial statements and
certifications on February 26, 2013. Mr. Shassian will remain with
Frontier until March 31, 2013 to help transition responsibilities.
Maggie Wilderotter, Chairman and Chief Executive Officer, stated, "I am
delighted to welcome John to Frontier. His strong financial and
operational background provides the skills the company needs to succeed
in a highly competitive environment."
From 2008 through 2012, Mr. Jureller was Senior Vice President, Finance
and Operations for the Resources Group of General Atlantic LLC, a global
growth private equity firm managing $17 billion around the globe. There
he demonstrated expertise with turnaround companies, merger integration
planning and execution, risk management, financial panning and analysis
expertise, and other financial and operating functions.
Before this, he was Chief Financial Officer of WestPoint International,
Inc., with overall financial responsibility for a $900 million company.
He was responsible for all financial matters, including public financial
reporting, taxation, internal audit and corporate finance. He worked
closely with the CEO and COO to develop new strategies to stabilize
operations and cash flow.
From 2003 through 2006, Mr. Jureller was with ALIXPARTNERS LLC, a
turnaround and restructuring company. His responsibilities gave him wide
exposure to telecommunications, including cable, wireless and internet
services. Previously, he was Chief Financial Officer of Trans-Resources,
Inc; Senior Vice President, Corporate Development at Gartner (News - Alert), Inc.; and
Senior Vice President, Finance and Corporate Development at Caribiner
International, Inc. Early in his career, Mr. Jureller held increasingly
senior financial roles at PepsiCo World Trading Company, Inc., Emcor
Group, Inc., and General Electric Capital Corporation. Mr. Jureller
began his career in finance at Bankers Trust Company.
Mr. Jureller earned both a B.S. with Distinction and an M.B.A. in
Finance from Cornell University. He is a member of the White Plains
Hospital Board Finance Committee in White Plains, New York.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) is an S&P 500 company
and is included in the FORTUNE 500 list of America's largest
corporations. Frontier offers broadband, voice, satellite video,
wireless Internet data access, data security solutions, bundled
offerings and specialized bundles for residential customers, small
businesses and home offices and advanced business communications for
medium and large businesses in 27 states. Frontier's approximately
15,300 employees are based entirely in the United States. More
information is available at www.frontier.com.
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