Last Mile Communications, LLC (LMC), an international telecommunications management partnering and consulting firm headquartered in Newtown, Connecticut (United States), with satellite headquarters in London, England and Bucharest, Romania, has announced the pending retirement of one of its Founding Partners and CEO, Peter Kahelin, the company said.
Kahelin, an almost 40-year veteran of the cable TV/broadband industry, formed LMC with another long-time industry leader, Bruce Fogelstrom, back in 1999. The firm houses a diverse stable of industry professionals with expertise in all areas of the business, teaming with many of the industry´s prominent investors, lending institutions and operators.
Kahelin will be stepping down as LMC´s CEO during the 4th quarter of this year and will no longer have a day-to-day association with the company. The transition process will see Peter and Bruce work closely with Randy Santiago (LMC´s Associate Partner & Chief Operating Officer — the Americas) and the rest of the LMC Partners & Team to ensure they select who among them will take on the role of CEO going forward, to guarantee the ongoing success of the company, its partners and clients.
Although Kahelin will no longer occupy an active management position within LMC, he will stay on as its Non-Executive Chairman, advising the company.