Leroy T. Barnes, Jr. joined the Board of Directors of Frontier Communications Corporation in May 2005. He also serves as a Director of The McClatchy Company, Herbalife Ltd., Principal Funds, Inc., and Principal Variable Contracts, Inc.
In 2005, Mr. Barnes retired as Vice President and Treasurer of PG&E Corporation. From 2001 to 2005, he oversaw all financing, financial planning, risk management, cash management and pension fund operations. In 2004, he co-led the largest-ever U.S. utility financing, PG&E's landmark $7 billion debt financing in connection with its Plan of Reorganization.
Prior to 2001, Mr. Barnes was Vice President and Treasurer of Gap, Inc., the international clothing retailer, where he was responsible for all of the company's financing, cash management, international finance, investor relations and risk management. While at Gap, Inc., he led the company's first major public debt issuance and managed its $1 billion common stock repurchase program.
Before joining Gap, Inc., Mr. Barnes held a number of executive positions at Pacific Telesis Group/SBC Communications, including Assistant Treasurer, Division General Manager, and Vice President and Chief Financial Officer of PacTel Corporation. He was a principal in engineering the company's spin-off of AirTouch, Inc., as well as the sale of Pacific Telesis to SBC Communications. His experience also includes positions at UC Press, where he was Chief Financial Officer, and Touche, Ross & Co., a predecessor to Deloitte & Touche, where he was a Management Consultant.
Mr. Barnes earned bachelor's and master's degrees from Stanford University and an M.B.A. from Stanford Business School, where he was a Rockefeller Foundation Finance and Management Fellow.
Peter C.B. Bynoe joined the Board of Directors of Frontier Communications Corporation in October 2007. He is Chief Executive Officer of Rewards Network Inc. He is also a senior counsel in the Chicago office of the international law firm DLA Piper, where he previously was a senior partner and served on its Executive Committee. He was named by Fortune magazine to the Fortune Diversity 2005 list of the most influential African-Americans, Latinos, and Asian Americans in business, sports, politics, academia, and the arts. Mr. Bynoe was designated an Illinois "Super Lawyer" in 2005 and 2006, the result of research projects conducted jointly by Law & Politics and Chicago magazines.
Mr. Bynoe received his Bachelor of Arts Degree, cum laude, from Harvard College. He earned his Masters in Business Administration with a finance and marketing emphasis at Harvard Business School. He received his Juris Doctor with a focus on corporate planning and regulation from Harvard Law School. Mr. Bynoe is admitted to the practice of law before the Illinois State Bar. Mr. Bynoe is also Chairman of Telemat Ltd., a business consulting firm that he founded in 1982. From March 1988 to June 1992, he served as the Executive Director of the Illinois Sports Facilities Authority, a joint venture of the City of Chicago and State of Illinois created to develop a new Comiskey Park for the Chicago White Sox. Mr. Bynoe was responsible for all aspects of planning and executing the development of this $250 million project. The facility was completed on time and several million dollars under budget.
Additionally, Mr. Bynoe was Managing General Partner of the National Basketball Association's Denver Nuggets. He planned, organized, and executed the $65 million acquisition of the Nuggets in November 1989. After overseeing the complete reorganization of the team on and off the court, Mr. Bynoe sold his interest in the franchise in August 1992.
Mr. Bynoe also served as a consultant to the Atlanta Fulton County Recreation Authority and the Atlanta Committee to Organize the Olympic Games in preparation for the 1996 Summer Olympic Games. Mr. Bynoe headed DLA Piper's Sports Facilities Practice Group and negotiated new stadium/arena deals for the Cincinnati Reds and Bengals, the Miami Heat, the Washington Redskins, the Milwaukee Brewers, and the Columbus Blue Jackets. His law practice is focused upon the development and financing of major infrastructure projects nationwide. Mr. Bynoe also represents institutional clients such as The Boeing Company, Sara Lee Corporation and CNA Insurance.
Mr. Bynoe is currently a Director of the Covanta Energy Corporation and Signature Holdings, Inc. and was a Director of Rewards Network from 2003 to 2008. His civic service includes more than 20 years of public service, chairing the Chicago Commission Landmarks, the Chicago Plan Commission, and the Illinois Sports Facilities Authority. Mr. Bynoe is a Life Trustee of the Goodman Theatre, a Trustee of the Rush University Medical Center, and a Director of The CORE Center for the Prevention, Care and Research of Infectious Diseases. Mr. Bynoe was a member of the Harvard University Board of Overseers from October 1992 to June 2001.
Diana S. Ferguson joined the Board of Directors of Frontier Communications Corporation in October 2014. She has served as Principal of Scarlett Investments, LLC since August 2013. She was Chief Financial Officer of the Chicago Board of Education from February 2010 to May 2011. Previously, Ms. Ferguson served as Senior Vice President and Chief Financial Officer of The Folgers Coffee Company from April 2008 to November 2008. Prior to joining Folgers, she served as Executive Vice President and Chief Financial Officer of Merisant Worldwide, Inc. from April 2007 until March 2008. Ms. Ferguson also served as the Chief Financial Officer of Sara Lee Foodservice, from June 2006 to March 2007. She previously served in a number of leadership positions at Sara Lee Corporation including Senior Vice President of Strategy and Corporate Development, as well as Treasurer.
Earlier in her career, Ms. Ferguson held various financial management positions at several Fortune 500 firms, including Fort James Corporation, Eaton Corporation and Federal National Mortgage Association.
Ms. Ferguson is a member of the board of directors of TreeHouse Foods, Inc., where she serves on the Audit Committee. She has previously served on the boards of directors of Franklin Electric Co., Inc., Peoples Energy Corporation/Integrys Energy Group, Inc. Ms. Ferguson also serves as a director of Urban Partnership Bank, where she is a member of the Finance and Audit Committees, and is a Trustee of Destra Investment Trust, where she chairs the Audit Committee. In 2012, Ms. Ferguson was nominated by Chicago Mayor Rahm Emanuel to serve on the board of The Chicago Infrastructure Trust, where she serves as Secretary and Treasurer.
Ms. Ferguson’s civic involvement includes service on non-profit boards, including Leadership Greater Chicago. She is also an active member of The Chicago Network and The Economics Club of Chicago.
Edward Fraioli joined the Board of Directors of Frontier Communications Corporation in July 2010. Currently a business consultant, he retired from Ernst & Young LLP, a public accounting firm, in July 2010 where he was a partner since 1984. He served as Professional Practice Director for Ernst & Young's Private Equity practice since 2008, and was responsible for support of engagement teams on accounting and auditing matters. From 2005 through 2008, Mr. Fraioli served as Ernst & Young's Global Vice Chairman for Independence matters within Global Quality and Risk Management, responsible for the Ernst & Young's global independence organization. Prior to 2005, he served as lead audit partner on a number of public and global companies. Mr. Fraioli was with Ernst & Young for more than 35 years.
Mr. Fraioli received a B.A. from Brown University and an M.B.A. from Cornell University, Johnson Graduate School of Business Administration. He is a Certified Public Accountant.
Daniel J. McCarthy became President and Chief Executive Officer of Frontier Communications in April 2015. He was elected to the Frontier Board of Directors in May 2014. Mr. McCarthy was President and Chief Operating Officer of Frontier from April 2012 and Executive Vice President and Chief Operating Officer from January 2006 to April 2012. Before this, he was Senior Vice President, Field Operations from December 2004 to December 2005, Senior Vice President, Broadband Operations from January 2004 to December 2004, and President and Chief Operating Officer of Electric Lightwave from January 2002 to December 2004.
Mr. McCarthy has been with Frontier Communications Corporation since 1990, when he joined the company's electric division in Hawaii. In 1995, he assumed responsibility for the company's energy operations. In 2001 he was promoted to President and Chief Operating Officer of Citizens Public Services sector, responsible for the company's energy and water operations.
He earned a bachelor's degree in marine engineering from the State University of New York Maritime College at Fort Schuyler, and holds an M.B.A. from the University of Phoenix.
Mr. McCarthy is a member of the Board of Directors of Constellation Brands, Inc. and The Committee for Economic Development. In December 2013, he was elected to the Board of Trustees of Sacred Heart University in Fairfield, Connecticut; in August 2015 he was elected Treasurer of that board. He is also a member of the Western Connecticut Health Network Corporate Advisory Council.
Pamela D. Reeve Director
Frontier Communications Elected 2010
Pamela D. Reeve joined the Board of Directors in 2010. She has been a director of American Tower Corporation since March 2002 and serves as the Lead Director and a member of the compensation and nominating and corporate governance committees of the American Tower board. She has served as a director of Sonus Networks, Inc. since September 2013 and serves on its compensation committee. From November 1989 to August 2004, Ms. Reeve was a director of Lightbridge, Inc., a global provider of mobile business software and technology solutions, offering products and services for the wireless telecommunications industry, where she held various executive positions, including President and Chief Executive Officer. Ms. Reeve served on the board of directors of LiveWire Mobile, Inc. from 1997 until November 2009.
Ms. Reeve received a B.A. from the University of Georgia and an M.B.A. from Harvard Business School.
Virginia P. Ruesterholz Director
Frontier Communications Elected 2013
Virginia P. Ruesterholz joined the Board of Directors of Frontier Communications Corporation in August 2013. She also serves as a Director of Stevens Institute of Technology and The Hartford.
In July 2012, Ms. Ruesterholz retired as Executive Vice President of Verizon Communications where she was responsible for overseeing key strategic initiatives. She previously served as President of Verizon Services Operations, a global business unit that operates Verizon’s wireline networks and shared service operations.
Earlier, as President of Verizon Telecom, Ms. Ruesterholz was responsible for sales, customer service, operations and IT for domestic consumer, general business and wholesale markets and drove the rollout of FiOS. As President of Verizon Partner Solutions, she oversaw the company’s wholesale customers and enterprise business accounts. Other senior positions held by Ms. Ruesterholz include President of Verizon Wholesale Markets and roles in regional operations and operations assurance.
A graduate of Stevens Institute of Technology with a Bachelor’s degree in Chemical Engineering, Ms. Ruesterholz earned a Master’s of Science degree in Telecommunications Management from the Polytechnic Institute of Brooklyn (now the Polytechnic Institute of New York University). She received an Honorary Doctorate of Engineering from Stevens Institute of Technology and is currently Chairman of its Board of Trustees. She also serves on the Board of Directors for The Hartford, a leader in property and casualty insurance, group benefits and mutual funds.
Howard L. Schrott joined the Frontier Communications Corporation Board of Directors in July 2005. Since February 2006, Mr. Schrott has been a Principal in Schrott Consulting, a management consulting firm. Mr. Schrott is a Director of Media General, Inc. and a former Director of Time Warner Telecom, Inc.
Mr. Schrott serves on the board of directors of Gannaway Web Holdings, LLC, and previously served on the board of board of directors or board of advisors of several private companies involved in media and technology, including Wide orbit, Inc., Weather Central Holdings, Inc., New Young Broadcasting Holding Company, Inc. and Maverick Media, LLC. Mr. Schrott also serves as a trustee of Butler University and the Indiana Historical Society.
Mr. Schrott was Chief Financial Officer of The Liberty Corporation, a group television broadcaster with 15 network-affiliated stations and other media investments, from 2001 to February 2006.
Prior to joining Liberty, he was Senior Vice President and Chief Financial Officer of Wink Communications (now a subsidiary of OpenTV Corp.), an interactive television company. For eight years he was the Executive Vice President and Chief Financial Officer of Emmis Communications Corp., an owner and operator of radio and television stations and magazines.
Previously, Mr. Schrott was a Vice President in the media-lending group at First Union National Bank (now Wells Fargo). He practiced law in Washington, D.C., and Indianapolis, Indiana, specializing in matters before the Federal Communications Commission and media-related business issues.
He holds a B.S. cum laude from Butler University and a J.D. magna cum laude from the Indiana University School of Law.
Larraine D. Segil joined the Frontier Communications Corporation Board of Directors in March 2005. She is a senior research fellow at the IC2 Institute at the University of Texas, Austin; a member of the Price Center Entrepreneurs Board of Advisors for the UCLA Anderson School of Management; Chairman of The Committee of 200 Foundation and Vice Chairman of The Committee of 200 Governing Board; and a former member of the board of the Los Angeles Technology Alliance. From January 2009 to December 2010, Ms. Segil served on the board of the Strategic Alliances Advisory Group for the Tropical Diseases Research (TDR) Group of the World Health Organization in Geneva, Switzerland.
Ms. Segil has been Chief Executive Officer of Larraine Segil Inc. (formerly Larraine Segil Productions, Inc.) since 1987 and of Little Farm Company, an agricultural holding company, since 2009. She also consults with entrepreneurial companies on global strategy, general management and operations. From 2003 until December 2006, she was a Partner of Vantage Partners, a strategic alliances and conflict resolution consulting group. Ms. Segil was a Partner and Co-Founder of The Lared Group, a strategic alliances consulting group, until its acquisition by Vantage in 2003.
Ms. Segil has authored multiple business books including Intelligent Business Alliances, Fast Alliance, Dynamic Leader, Adaptive Organization and Measuring the Value of Partnering. Business Week and The Corporate Strategy Board have recognized Ms. Segil as an expert in alliances. She has been a commentator for CNN and CNBC on alliances, mergers and acquisitions.
Previously, Ms. Segil was Chief Executive Officer of an advanced materials company providing products and services to aerospace and electronics manufacturers. She has co-founded and run companies in mortgage banking and medical services, and previously practiced law. Ms. Segil received a J.D. from Southwestern University and an M.B.A. from Pepperdine University.
Mark Shapiro joined the Board of Directors of Frontier Communications Corporation in July 2010. He has served as Chief Executive Officer of Dick Clark Productions since May 2010. Previously, he served as a Director, President and Chief Executive Officer of Six Flags, Inc., a theme park company, from December 2005 until May 2010. Prior to joining Six Flags, Mr. Shapiro spent 12 years at ESPN, Inc., where he served as Executive Vice President, Programming and Production and in various other capacities for both ESPN and ABC Sports. Mr. Shapiro has served as a Director of Live Nation, Inc. since November 2008, a trustee of Equity Residential since January 2010, a Director of Papa John's International, Inc. since February 2011 and a member of the Advisory Board of Mandalay Digital Group, Inc. since June 2011. Mr. Shapiro is also Chairman of two privately-held companies, Captivate Network and Red Zebra Broadcasting.
Mr. Shapiro holds a B.A. from the University of Iowa.
Myron A. (Mike) Wick, III became a Director of Frontier Communications Corporation in March 2005. He is a business consultant. Mr. Wick is also Chairman of the Board of Directors of Horizon Fuel Cell Technology, Inc. and a member of the Advisory Board of World Ventures Marketing. He is a former Chairman of The Hoffman Institute and Director General of Hola Television Group.
Mr. Wick served as COO, CEO and Chairman of a variety of enterprises spanning aquaculture, biotech, education, television broadcasting and investment banking. He served as President and CEO of International Oceanographic Corporation in the early 1970s, followed by CEO posts for Cox Hobbies, Inc. and Werner Erhard and Associates, a network of companies offering educational courses in more than 34 cities in the United States and 18 cities around the globe.
In the mid-80s, Mr. Wick was COO of California Biotechnology, playing a major role in raising $64 million in a secondary public offering and later creating three joint ventures. In 1988 he co-founded the investment banking firm McGettigan, Wick & Co. Inc., which provides financial services to small private and public companies. Messrs. Wick and McGettigan formed Proactive Partners, L.P. in 1991, with Jon Gruber and Pat McBaine, a merchant banking fund, investing in and providing advisory services to "micro cap" public companies. In 1989, Mr. Wick co-founded CTC Media (formerly StoryFirst Communications), serving as Chairman of the Board from 1993 through 2003. CTC Media, a television broadcast company in Russia, is traded on the NASDAQ Stock Market.
He received a B.A. from Yale University and an M.B.A. from The Harvard Business School.
Maggie Wilderotter was named Executive Chairman of Frontier Communications in April 2015. She became Chairman and CEO of Frontier in January 2006. She joined the company in November 2004 as President and CEO and a member of the Board of Directors. Before this, she was Senior Vice President of Global Business Strategy and ran the Worldwide Public Sector at Microsoft.
Previously, Mrs. Wilderotter was President and CEO of Wink Communications Inc., leading efforts to develop low-cost, end-to-end e-commerce systems. Before that, her positions included Executive Vice President of National Operations for AT&T Wireless Services Inc., Chief Executive Officer of AT&T's Aviation Communications Division, and a Senior Vice President of McCaw Cellular Communications Inc.
Mrs. Wilderotter serves on the boards of DreamWorks Animation, Juno Therapeutics, Inc. and Costco Wholesale Corporation as well as a number of private and non-profit organizations.
Mrs. Wilderotter served on the President's National Security Telecommunications Advisory Committee (NSTAC). From October 2010 to October 2012, she was Vice Chairman of NSTAC and from October, 2012 to November 2014 she was designated Chairman of NSTAC.
Mrs. Wilderotter is a member of the Executive Committee of the Business Roundtable (BRT), an association of CEOs of leading the largest U.S headquartered companies. She chairs the BRT's Internet, Technology and Innovation Committee. She is Co-Chair of The Committee for Economic Development (CED) and a member of the Executive Committee of the Catalyst Board of Directors; on the Board of Women in America, and a member of the Committee of 200. In 2014, she chaired the Blue Ribbon Committee on Board Strategy for NACD and is a member of WomenCorporateDirectors (WCD).
Mrs. Wilderotter holds a bachelor's degree in economics from the College of the Holy Cross. In 2014, she was awarded an Honorary Doctor of Engineering degree, honoris causa, from the Stevens Institute of Technology.