Tagged: tony thomas

Windstream Reports 2Q Loss of $111M, Plans $75M Share Repurchase

by Sean Beherec 8/6/2015 7:11 am

Windstream Holdings Inc. of Little Rock on Thursday reported a second-quarter loss of $111 million, down from a profit of $14 million in the same quarter last year. But the company said there were gains in some divisions and noted "improving financial trends."

ISPs Eye Boosting Consumer Speeds

by Sean Beherec 6/8/2015 12:00 am

Sam Walls, the president of Connect Arkansas, which promotes adoption of broadband Internet around the state, says higher speeds show that Internet service providers are responding to the demands of the marketplace.

Windstream Spinoff CS&L Talking Deals

by Sean Beherec 6/8/2015 12:00 am

The first few weeks at Communication Sales & Leasing, the spinoff company formed by certain assets of Windstream Corp.’s portfolio, have been hectic, CEO Kenny Gunderman said in a recent interview. But he adds that the response to the new company from potential clients has been positive.

Windstream 1Q Net Income Down 67 Percent

by Sean Beherec 5/7/2015 7:19 am

Windstream Holdings Inc. of Little Rock on Thursday reported net income of $5.3 million, or 5 cents per share, on $1.41 billion in revenues during the first quarter of the year.

‘Execution’ the Key For Windstream CEO Tony Thomas

by Sean Beherec 4/13/2015 12:00 am

Tony Thomas, who took over as CEO of Windstream Holdings Inc. of Little Rock in December, recently gave a round of interviews to local reporters about a month after the company’s shareholders approved measures to spin off a real estate investment trust.

Windstream Board Gives Final Approval for REIT

by Sean Beherec 3/26/2015 10:09 am

The company said that the board’s decision to spin off certain network assets into the new company, Communications Sales & Leasing Inc., will also result in a prorated cash dividend upon its closing.

Former Windstream CEO’s Exit Tied to Performance

by Sean Beherec 3/17/2015 9:59 am

In an interview, Windstream CEO Tony Thomas said his predecessor's departure was in part due to poor performance.

Windstream Executives Saw Pay Bump in 2014

by Sean Beherec 3/16/2015 10:01 am

Former CEO Jeff Gardner and his replacement, Tony Thomas, both saw pay increases in 2014 compared to the year before.

Pension Charge At Windstream Contributes to 4Q Loss

by Sean Beherec 2/24/2015 7:09 am

A non-cash charge related to the company's pension plan pushed Windstream Holdings Inc. of Little Rock into the red in its fourth quarter, resulting a net loss of $77.5 million, 13 cents per share.

Windstream Stockholders Approve REIT Spinoff Measures

by Sean Beherec 2/20/2015 10:13 am

Both proposals, which lay the groundwork for the spinoff of certain assets into a separate company, passed with more than 90 percent of the vote.

Windstream Names Kenny Gunderman CEO of REIT Spinoff

by Sean Beherec 2/12/2015 2:11 pm

Windstream Holdings Inc. of Little Rock has appointed Kenny Gunderman to lead the real estate investment trust company. The position had been vacant since the resignation of Windstream's first CEO, Jeff Gardner, who was replaced by Tony Thomas, the appointed CEO of the REIT spinoff.

Windstream Appoints 2 Senior Vice Presidents

by Sean Beherec 1/20/2015 1:10 pm

Windstream Holdings Inc. of Little Rock on Tuesday announced the appointments of two senior vice presidents.

Windstream's REIT Moves Out to New Office

by Arkansas Business Staff 1/19/2015 12:00 am

The real estate investment trust spinoff of Windstream Holdings Inc. of Little Rock is moving out.

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/30/2014 7:12 pm

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.

Windstream Details REIT Stock Structure, Plans Special Meeting

by Sean Beherec and Lance Turner 12/18/2014 7:25 am

Windstream Holdings Inc. of Little Rock says the company will retain 19.9 percent of the shares of its future real estate investment trust spinoff, with the remaining shares going to Windstream stockholders.

Jeff Gardner Leaves Windstream with $5.1M Package

by Lance Turner 12/12/2014 5:23 pm

Windstream Holdings Inc. of Little Rock files details of its final compensation payments to former CEO Jeff Gardner and its new compensation agreement with Gardner’s successor, Tony Thomas.

Windstream Names New CFO, Makes Other Leadership Changes

by Lance Turner 12/12/2014 7:34 am

A day after the resignation of founding CEO Jeff Gardner, Windstream Holdings Inc.’s new chief executive appointed a new CFO and named three executives to oversee company segments.

Tony Thomas Named CEO of Windstream As Jeff Gardner Steps Down

by Lance Turner 12/11/2014 4:01 pm

Windstream Holdings Inc. of Little Rock said Thursday that Jeff Gardner has resigned as president and CEO and that Tony Thomas has been appointed to succeed him "effective immediately."

Windstream to Spin Off Some Assets Into Publicly Traded REIT

by Lance Turner 7/29/2014 6:32 am

Windstream Holdings Corp. of Little Rock says it will spin off certain assets, including its fiber and copper network, into a publicly traded real estate investment trust, a move that will lower its debt by $3.2 billion.

Uncertainty Threatens Windstream Dividends

by Luke Jones 11/18/2013 12:00 am

Since its incorporation in 2006, Windstream has been shifting its business model toward more profitable avenues. But its latest financials haven’t thrilled some analysts, and there’s worry that the changes haven’t been effective enough.