EarthLink, Inc. ELNK today
announced the appointment R. Gerard Salemme to EarthLink's Board of
Directors. Additionally, the Board of Directors declared a quarterly cash
dividend on its common stock in the amount of $0.05 per share to be paid on
December 20, 2013 to shareholders of record on December 6, 2013.
"We are pleased to welcome Gerry to our board," commented Rolla P. Huff,
Chief Executive Officer and Chairman of EarthLink's Board of Directors.
"Gerry has significant industry experience in strategic planning and
investments, as well as in regulatory policy. His skill set will be
invaluable to EarthLink's growth as a nationwide IT services and
communications provider."
Mr. Salemme has nearly 30 years of telecommunications experience in both the
private and public sectors, having served in leadership positions for
strategy and business development for public corporations and private
investment firms and in senior federal legislative positions. Since March
2011, he has served as Chief Strategy Officer and Executive Vice President
at Pendrell Corporation, an intellectual property investment, advisory
services and asset management firm. Mr. Salemme also is a member of the
Board of Directors of Pendrell Corporation. He also serves as Chairman of
the Board of Directors for RECON Dynamics, LLC, a privately held company
offering wireless asset management solutions. Since 1997, he has been a
partner in Eagle River Holdings, Inc., a private investment firm formed by
Craig McCaw. Mr. Salemme has been involved in telecommunications investment
and strategy for McCaw Cellular and for Eagle River portfolio companies,
including, XO Communications, Clearwire and Pendrell. In the public sector,
Mr. Salemme served as Senior Telecommunications Policy Analyst for the U.S.
House of Representatives Subcommittee on Telecommunications and Finance, and
as Chief of Staff to Congressman Ed Markey of Massachusetts.
About EarthLink
EarthLink, Inc. ELNK is a leading IT services and communications
provider to more than 150,000 businesses and one million consumers
nationwide. EarthLink empowers customers with managed services including
cloud computing, managed and private cloud, and virtualization services such
as managed hosting and cloud workspace. EarthLink also offers a robust
portfolio of IT security, application hosting, colocation and IT support
services. The company operates an extensive network spanning 29,421 route
fiber miles with 90 metro fiber rings and 8 secure data centers providing
ubiquitous nationwide data and voice IP service coverage across more than 90
percent of the country. Founded in 1994, EarthLink's award-winning
reputation for outstanding service and product innovation is supported by an
experienced team of professionals focused on best-in-class customer care.
For more information, visit EarthLink's website at www.earthlink.com.
SOURCE EarthLink, Inc.
/CONTACT: Investors Louis Alterman, 404-748-7650, 678-472-3252 (mobile),
altermanlo@corp.earthlink.com; Media Michele Sadwick, 404-748-7255,
404-769-8421 (mobile), sadwick@corp.earthlink.com
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in