Friday, December 12, 2014

Windstream Swaps CEO

Windstream announced the departure of its current president and CEO, Jeff Gardner, and his replacement by Tony Thomas as president, CEO and a director of the company.

“I am proud to have led Windstream from its creation in 2006. It has been a privilege to work with our Board, leadership team and talented associates across the organization,” said Jeff Gardner. “The Board and I agree that a change in perspective is needed in order to accelerate the pace of change within the company and to more effectively respond to the rapidly evolving needs of our customers.

Tony Thomas, 43, previously served as the chief financial officer for Windstream from August 2009 through September 2014. He was instrumental in the development of Windstream’s REIT spinoff and has served as president of real estate investment trust operations at Windstream since October 2014.

  • In late November, Windstream announced layoffs affecting about 350 people in its workforce of 13,000.
  • For Q3 2014, Windstream reported revenue of $1.46 billion, a decline of 2.9 percent from the same period a year ago.

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