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FairPoint loses CFO

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FairPoint loses CFO

FairPoint CommunicationsInc. promoted Karen Turner to CFO of the company.

Turner, formerly the company's executive vice president of operationalsupport, succeeds Ajay Sabherwal, who is leaving the company to pursue other businessopportunities. Sabherwal was named the company's CFO in 2010.

Sabherwal's resignation will be effective following a structuredtransition and the filing of the company's Form 10-Q for the quarter ended June30, which the company expects to file in the first week of August.

In addition to her new responsibilities, Turner will continueto lead human resources and risk management. She will transition remaining responsibilitiesto other members of the executive leadership team.