Cincinnati Bell Inc. (NYSE:CBB), has announced that John M. Zrno will not seek re-election to the board of directors when his term expires at the company´s annual meeting of shareholders in May 2018, and that the board of directors has nominated Cincinnati Bell´s President and Chief Executive Officer, Leigh R. Fox, to stand for election at the 2018 annual meeting, the company said.
The company also announced that its Chairman of the board, Phil Cox, will step down from his role as Chairman of the board prior to the 2019 annual meeting of shareholders. Cox informed the board that he does not intend to stand for re-election to the board at the 2019 annual meeting.
These changes align with the company´s ongoing board refreshment process which aims to renew the board with directors who have deep industry expertise and appropriate board experience. The company´s board refreshment process has already resulted in the addition of three new independent directors in the last five years.
At the close of the Hawaiian Telcom transaction expected in the second half of 2018, Cincinnati Bell will expand the size of the board from nine members to eleven members, in order to add two existing Hawaiian Telcom directors.
With headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE:CBB) provides integrated communications solutions – including local and long distance voice, data, high-speed Internet and video – that keep residential and business customers in Greater Cincinnati and Dayton connected with each other and with the world. In addition, enterprise customers across the United States and Canada rely on CBTS and OnX, wholly owned subsidiaries, for efficient, scalable office communications systems and end-to-end IT solutions. For more information, visit www.cincinnatibell.com.