trending Market Intelligence /marketintelligence/en/news-insights/trending/nnlvl_bctltcjii0v2iowg2 content esgSubNav
In This List

Cincinnati Bell chairman to step down; CenturyLink names lead director

Blog

Europe: 5 key OTT trends to watch in 2022

Blog

Broadcast deal market recap 2021

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Cincinnati Bell chairman to step down; CenturyLink names lead director

S&P Global Market Intelligence presents a rundown of board changes in the U.S. technology, media and communications industries.

* CenturyLink Inc. appointed Bruce Hanks lead independent director of the company. Harvey Perry will continue to serve as chairman of the board, the company said in a March 6 news release.

* Gregory Maffei will step down as president and CEO of Liberty Interactive Corp., effective upon the closing of the proposed transactions with GCI Liberty Inc., currently expected to occur March 9. Maffei, who has served as a director of the company since November 2005, will become chairman of the board. John Malone, the current board chairman, will remain a director of the company, according to a March 5 SEC filing. Michael George will be appointed president and CEO of the company. Liberty Interactive is changing its name to Qurate Retail Group, which will be used after the GCI Liberty transactions.

* Align Technology Inc. said March 5 that it appointed Kevin Dallas a director of the company. Dallas serves as corporate vice president of artificial intelligence and intelligent cloud business development at Microsoft Corp.

* Michael Small stepped down as president, CEO and a director of Gogo Inc. Oakleigh Thorne, a director of the Chicago-based inflight internet company since 2003, was appointed the company's new president and CEO.

* Phil Cox will step down as chairman of Cincinnati Bell Inc.'s board prior to the 2019 annual shareholders' meeting, the company said March 2. Cincinnati Bell has nominated President and CEO Leigh Fox to stand for election at the 2018 annual meeting. At the close of the Hawaiian Telcom Holdco Inc. transaction, which is expected in the second half of this year, Cincinnati Bell will expand the size of the board from nine members to 11 members, in order to add two existing Hawaiian Telcom directors. Additionally, the company said John Zrno will not stand for re-election to the board when his term expires at the annual meeting of shareholders in May.

* Thomas Grbelja resigned as a director of RealBiz Media Group Inc. Grbelja's resignation was not the result from any disagreement with the company, according to a March 1 SEC filing.

* Peter Brandow and Stephen Lanning resigned from National CineMedia Inc.'s board, effective Feb. 28. Both Brandow and Lanning were designated to the board by Regal CineMedia Holdings LLC pursuant to the director designation agreement, dated Feb. 13, 2007, between National CineMedia and its founding members, American Multi-Cinema Inc., Cinemark Media Inc. and Regal. Cineworld Group plc recently completed its acquisition of Regal's parent Regal Entertainment Group and NCM Inc. understands that the resignations were in connection with such acquisition. Pursuant to its rights under the director designation agreement, Regal has designated two replacement directors, one of which Regal has indicated is an independent director, the company said in a March 1 SEC filing.