Leading fiber-to-the-premises (FttP) broadband provider Consolidated Communications announced Fred Graffam, who most recently served as executive vice president and CFO at Monitronics International, dba Brinks Home Security, as their new executive vice president and CFO. Graffam brings more than 30 years of experience in financial management, operational leadership and accounting within the technology and telecom industries at both public and private companies.
“I’m excited to join the Consolidated team at this important time in the Company’s history,” said Graffam. “I strongly believe in Consolidated’s strategy to bring an exceptional fiber broadband service experience to its customers and look forward to helping the Company capitalize on the FttP opportunity and create value for our stakeholders.”
Graffam has also served as senior vice president of finance, investor relations and corporate development at technology company DigitalGlobe, Inc., senior vice president of the North America/Asia Pacific regions at Level 3 Communications and has served in various finance and operating capacities of increasing responsibility at Comcast, among other roles.
Graffam’s official first day is Dec. 1 at which time Steve Childers will transition from chief financial officer to an advisory role until Dec. 31, 2022, to ensure a smooth transition.
Consolidated CEO Bob Udell expressed gratitude for Childers’ tenure: “Steve has played a key role in Consolidated’s growth and success over the past 36 years and I am grateful for his leadership and countless contributions,” he said.
“Fred has an exceptional track record of creating value with subscription-based communication service providers,” added Udell. “His business acumen, industry and public company expertise as well as his operating experience make him well qualified to help lead Consolidated as we continue the transformation to a fiber-first broadband Company. I’m incredibly pleased to welcome Fred to Consolidated during this pivotal transformation period.”
To read the full press release visit https://www.consolidated.com.