Consolidated Communications Appoints Fred Graffam As New CFO

RTTNews | 955 days ago
Consolidated Communications Appoints Fred Graffam As New CFO

(RTTNews) - Consolidated Communications (CNSL) announced Tuesday the appointment of Fred Graffam as executive vice president and chief financial officer, effective Dec. 1, 2022. After a distinguished career of 36 years with the company, Steve Childers will transition from CFO to an advisory role until December 31, 2022 to ensure a smooth transition.

Graffam's experience spans 30 years and includes financial management, operational leadership and accounting expertise within the technology and telecom industries at both public and private companies.

Most recently, Graffam served as executive vice president and CFO at Monitronics International, dba Brinks Home Security, a leading home security and alarm monitoring company.

Prior to this, Graffam was senior vice president of finance, investor relations and corporate development at DigitalGlobe, Inc., a technology company.

Earlier in his career, among other roles, he was a senior vice president of the North America/Asia Pacific regions at Level 3 Communications and he served in various finance and operating capacities of increasing responsibility at Comcast.

read more
Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI

Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI

Consolidated Communications Holdings, Inc. (CNSL) announced Monday it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders urging shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation.
RTTNews | 571 days ago
Canadian Market Remains Weak On Tariff Concerns

Canadian Market Remains Weak On Tariff Concerns

After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
RTTNews | 5 minutes ago
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
RTTNews | 3h 48min ago
Pound Falls As U.K. Economy Contracts For Second Straight Month

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews | 3h 55min ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 4h 18min ago
Yen Retreats Amid US-Japan Trade Uncertainty

Yen Retreats Amid US-Japan Trade Uncertainty

The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
RTTNews | 5h 7min ago