Tracy Fitzsimmons And William A. Truban, Jr. Join Board Of Directors Of Shenandoah Telecommunications Company Harold “Buddy” Morrison And Zane Neff Retire From Board

May 3, 2005 at 12:00 AM EDT
Tracy Fitzsimmons And William A. Truban, Jr. Join Board Of Directors Of Shenandoah Telecommunications Company Harold “Buddy” Morrison And Zane Neff Retire From Board

EDINBURG, VA, (May 3, 2005) - Shenandoah Telecommunications Company (Shentel; NASDAQ: SHEN) announced today that at Shentel’s Annual Meeting of Shareholders Tracy Fitzsimmons and William A. Truban, Jr. were elected to three-year terms of Shentel’s Board of Directors. Also at the meeting, Douglas C. Arthur was also re-elected for a three-year term.

Dr. Fitzsimmons is currently Vice President for Academic Affairs at Shenandoah University, having previously held the position of Dean of its College of Arts and Sciences. In her current position, she directly oversees over $30 million of Shenandoah University’s operating budget, and is actively involved in the key decisions regarding many areas, including financial, personnel, marketing and legal matters. She received her Bachelor of Arts degree from Princeton and her Ph.D. from Stanford University.

Mr. Truban is a graduate of James Madison University and the T.C. Williams School of Law at the University of Richmond. He passed the CPA Exam in 1990, and worked in the tax department of Coopers & Lybrand (now Price, Waterhouse & Coopers) in Richmond. He currently practices law in Winchester in the areas of tax, business and estate planning.

Dr. Fitzsimmons and Mr. Truban fill the vacancies created by the retirement of Zane Neff and Harold Morrison, Jr. Mr. Neff and Mr. Morrison’s terms of office expired at the 2005 Annual Meeting, and they were not eligible to stand for re-election as directors due to the Board’s mandatory retirement policy.

“Tracy and Bill will further increase the range and depth of experience of our Board members,” said Christopher E. French, Shentel President. “We welcome them both to the Board and look forward to working with them for the continued success of the organization. We also want to thank Zane Neff and Buddy Morrison for their significant contributions to Shentel. During their combined 55-years of service on the Board, the Company has grown from a rural telephone company with about $4 million in revenue to today’s diversified telecommunications provider with total revenues of $120 million.”

There were approximately 5.5 million shares represented at the meeting out of a total of 7.6 million shares outstanding.

At the Annual Meeting, Christopher French, President of Shentel, reported on major regulatory, technology and competitive changes taking place within Shentel and the telecommunications industry. Earle MacKenzie, Executive Vice President, reviewed previously announced financial results for 2004 and the first quarter of 2005 and discussed the results of a customer satisfaction survey recently completed by the Company. Jeff Pompeo, Vice President of Converged Services, gave an overview of the Company’s acquisition of NTC Communications. These presentations are available on the Company’s website at

About Shenandoah Telecommunications

Shenandoah Telecommunications Company is a holding company that provides a broad range of telecommunications services through its operating subsidiaries.  The Company is traded on the NASDAQ National Market under the symbol “SHEN.”  The Company’s operating subsidiaries provide local and long distance telephone, Internet and data services, cable television, wireless voice and data services, alarm monitoring, and telecommunications equipment, along with many other associated solutions in the Mid-Atlantic and Southeastern United States.

Click here to view Shareholder's Meeting presentation.

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