Kate Johnson Appointed President and CEO, Joins Board of Administrators; Jeff Storey to Retire
HONG KONG SAR – Media OutReach – 15 September 2022 – Lumen Applied sciences (NYSE: LUMN) at the moment introduced Kate Johnson has been appointed President, Chief Govt Officer and a member of the corporate’s Board of Administrators with the transition date anticipated to be November 7, 2022. Johnson succeeds Jeff Storey, who has introduced his retirement after a distinguished 40-year profession inside the telecommunication and expertise industries, together with Lumen and its predecessors. Storey will stay with the corporate by means of December 31, 2022, to make sure a easy transition.
Johnson is a expertise govt with a unprecedented monitor file of success. She specialises in main digital and enterprise transformations to drive progress, having held key management roles throughout a wide range of Fortune 100 corporations together with Oracle, Common Electrical and Microsoft. Most just lately, Johnson led Microsoft U.S., the corporate’s largest enterprise with a remit for the entire firm’s gross sales, providers, advertising and operations. Throughout her four-year tenure on this position, she led the division by means of a substantive cultural transformation whereas practically doubling enterprise revenues.
“Kate’s appointment and the strategic transition introduced at the moment are the end result of a succession plan that Jeff and the board have been engaged in for the previous a number of years,” stated T. Michael Glenn, Chairman of Lumen’s Board of Administrators. “We’re assured she is the proper chief to take the reins at this vital second in Lumen’s historical past. Kate is an inspiring and motivational chief who is thought for figuring out and creating progress. She is the best CEO for Lumen.”
Johnson said, “I’m proud to tackle the CEO position and desirous to advance the technique Jeff and the crew have created. Lumen has made important progress strengthening its stability sheet, increasing its fibre footprint and enhancing its portfolio of digital capabilities. I’m trying ahead to main this nice firm by means of its subsequent chapter and serving to prospects leverage the Lumen platform to energy wonderful digital world experiences.”
Glenn continued, “On behalf of the board, I thank Jeff for his management and dedication to Lumen throughout his time with the corporate. Due to his contributions, Lumen is leveraging the areas of our enterprise that we imagine are greatest poised for progress. The imprint Jeff leaves on Lumen is noteworthy – giving our prospects higher, sooner and safer connectivity. He led with care and empathy throughout difficult occasions together with the pandemic, guaranteeing workers stayed protected and prospects linked. He leaves Lumen with a powerful basis in place.”
“It has been a privilege to function Lumen’s CEO,” stated Storey. “All through my time with the corporate, I’ve been extremely impressed by our crew’s dedication to Lumen and to our core goal of furthering human progress by means of expertise. I’m pleased with all that we’ve achieved collectively as we’ve pushed ahead on Lumen’s transformation journey. Nonetheless, once I took this wonderful job, I at all times spoke brazenly with the board about my future timeline for retirement. I’m assured that the organisation has the technique in place to ship on its precedence of attaining worthwhile income progress. I’m very excited to welcome Kate to Lumen. I imagine her expertise, management and enthusiasm are precisely what we’d like as we drive the corporate ahead.”
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About Lumen Applied sciences and the Folks of Lumen
Lumen is guided by our perception that humanity is at its greatest when expertise advances the way in which we dwell and work. With roughly 450,000 route fibre miles and serving prospects in additional than 60 nations, we ship the quickest, most safe platform for functions and information to assist companies, authorities and communities ship wonderful experiences. Be taught extra concerning the Lumen community, edge cloud, safety, communication and collaboration options and our goal to additional human progress by means of expertise at 
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Ahead-looking Statements
Aside from the historic and factual data contained herein, the issues set forth on this press launch are forward-looking statements inside the that means of the “protected harbour” provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements are topic to a lot of dangers, uncertainties and assumptions, a lot of that are past our management, together with the finalisation of transition planning. Precise occasions and outcomes might differ materially from these anticipated, estimated or projected if a number of of those dangers or uncertainties materialise, or if underlying assumptions show incorrect. These forward-looking statements communicate solely as of the date of this press launch. We undertake no obligation and expressly disclaim any such obligation to replace publicly any forward-looking statements, whether or not on account of new data, future occasions or in any other case.
