Lumos Appoints New Executives to Drive Fiber Network Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 12h ago
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Source: Businesswire
- Leadership Changes: Lumos announced the promotion of David Smith to Chief Operating Officer, leveraging his 13 years of experience to drive operational expansion in new markets, ensuring the company remains competitive in the rapidly growing fiber market.
- Accelerated Network Build: Josh Many has been promoted to Chief Network Officer, overseeing engineering and construction, enabling approximately 50,000 new home passings per month while enhancing network safety and reliability in support of the long-term partnership with T-Mobile.
- CEO Retirement Announcement: Current CEO Brian Stading plans to retire at the end of Q1, having led the expansion of nearly 700,000 new home passings since 2022, significantly increasing the company's market footprint from two to ten states.
- Commitment to Sustained Growth: The appointments of the new executives reflect Lumos's commitment to sustained growth and long-term success, ensuring the company can continue to deliver reliable fiber broadband services to customers and communities in the future.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
