UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 26, 2013
Shenandoah Telecommunications Company
(Exact name of registrant as specified in its charter)
Virginia |
000-09881 |
54-1162807 |
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
500 Shentel Way P.O. Box 459 Edinburg, VA |
22824 |
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (540) 984-4141
Not applicable
(Former name or former address, if changed since last report)
| Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
||
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Item 8.01. Other Events.
On August 26, 2013, the Company issued a press release announcing an organizational realignment to better focus on its three lines of business and meet the needs of its customers. The Company has historically been organized functionally, but the new organization will primarily be organized around our Wireless, Cable and Wireline business. The responsibilities for three senior executives have changed as follows:
A copy of the press release is included as Exhibit 99.1 to this report.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press release dated August 26, 2013
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Shenandoah Telecommunications Company
(Registrant) |
||
| August 26, 2013
(Date) |
/s/ ADELE M. SKOLITS
Adele M. Skolits Vice President - Finance and Chief Financial Officer (Duly Authorized Officer) |
EXHIBIT 99.1
Shenandoah Telecommunications Company Realigns Management Structure
New Structure Organized Around Three Complementary Business Lines: Wireless, Cable and Wireline
EDINBURG, Va., Aug. 26, 2013 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq:SHEN) announces an organizational realignment to better focus on its three lines of business and meet the needs of its customers.
"Over the past several months we have been evaluating all aspects of our business," said Christopher French, President and Chief Executive Officer. "In order to continue growing all of our business segments, we have realigned our management structure to provide more focus on each business and to push additional functions and decision-making closer to customers. Shentel has historically been organized functionally, but the new organization will primarily be organized around our Wireless, Cable and Wireline business. We will retain certain functional areas such as Information Technology, Accounting and Finance, and Human Resources which will continue to support all three lines of business."
With these changes, the responsibilities for three senior executives have changed as follows:
- Thomas A. Whitaker has been named Vice President - Cable, and has responsibility for cable marketing, sales, and operations. Tom previously held the position of Vice President - Operations.
- Edward H. McKay has been named Vice President – Wireline & Engineering, and has responsibility for wireline sales, marketing and operations while retaining the responsibilities he held as Vice President - Engineering & Planning.
- William L. Pirtle has been named Vice President – Wireless, and has responsibility for wireless marketing, sales, network operations, site acquisition, and tower leasing. Willy previously held the position of Vice President – Sales & Marketing.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art network to customers in the Mid-Atlantic United States. The Company's services include: wireless voice and data; cable video, internet and voice; fiber network and services; and local and long distance telephone. Shentel is the exclusive personal communications service ("PCS") Affiliate of Sprint in portions of Pennsylvania, Maryland, Virginia and West Virginia. For more information, please visit www.shentel.com.
This release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of unforeseen factors. A discussion of factors that may cause actual results to differ from management's projections, forecasts, estimates and expectations is available in the Company filings with the SEC. Those factors may include changes in general economic conditions, increases in costs, changes in regulation and other competitive factors.
CONTACT: Earle MacKenzie
Shenandoah Telecommunications Company
540-984-5192
Earle.MacKenzie@emp.shentel.com
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
203-972-9200
jnesbett@institutionalms.com