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Telephone and Data Systems Inc (TDS.N)

TDS.N on New York Stock Exchange

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13 Jul 2018
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Summary

Name Age Since Current Position

Walter Carlson

64 2002 Non-Executive Chairman of the Board

LeRoy Carlson

71 President, Chief Executive Officer, Director

Kenneth Meyers

64 2013 President and Chief Executive Officer of U.S. Cellular, Director

Dougla Chambers

2018 Senior Vice President - Finance, Chief Accounting Officer

Peter Sereda

59 2018 Senior Vice President - Finance

Kurt Thaus

59 2004 Chief Information Officer, Senior Vice President

Daniel DeWitt

66 2017 Senior Vice President - Human Resources

Jane McCahon

57 2016 Senior Vice President - Corporate Relations and Corporate Secretary

Joseph Hanley

51 2012 Senior Vice President - Technology, Services and Strategy

Scott Williamson

67 1998 Senior Vice President - Acquisitions and Corporate Development

John Toomey

2018 Vice President, Treasurer

James Butman

60 2018 Director

Letitia Carlson

57 1996 Director

Prudence Carlson

66 2008 Director

Clarence Davis

76 2009 Independent Director

Kimberly Dixon

55 Independent Director

Christopher O'Leary

58 2006 Independent Director

George Off

71 1997 Independent Director

Mitchell Saranow

72 2004 Independent Director

Gary Sugarman

65 2009 Independent Director

Biographies

Name Description

Walter Carlson

Mr. Walter C. D. Carlson is Non-Executive Chairman of the Board of the Company. Mr. Carlson brings to the TDS board of directors substantial experience, expertise and qualifications with respect to TDS and its subsidiaries and the industries in which they operate as a result of his many years as an investor in TDS, as a trustee of the TDS Voting Trust, as a director of TDS and U.S. Cellular, as Chairman of the Board of TDS, and as a result of having represented many public and private corporate clients. In addition, as a shareholder with a significant economic stake in TDS, Mr. Carlson provides to the TDS board of directors the perspective of shareholders in managing and operating TDS in the long-term interests of shareholders. He also has experience as a member and the chairperson of the TDS Corporate Governance and Nominating Committee since 2004. Mr. Carlson has a J.D. from Harvard University.

LeRoy Carlson

Mr. LeRoy T. Carlson, Jr., is President, Chief Executive Officer, Director of the Company. Mr. Carlson brings to the TDS board of directors substantial experience, expertise and qualifications with respect to TDS and its subsidiaries and the industries in which they operate as a result of his many years as an investor in TDS, a trustee of the TDS Voting Trust, a director and President and Chief Executive Officer of TDS, and a director and Chairman of its two principal business units. As the senior executive officer of TDS and each of its business units, the board of directors considers it essential that Mr. Carlson serve on the TDS board to provide the board with his views on strategy and operations of TDS and its business units. In addition, as a shareholder with a significant economic stake in TDS, Mr. Carlson provides to the TDS board of directors the perspective of shareholders in managing and operating TDS in the long-term interests of shareholders. He also has experience as a member of the TDS Corporate Governance and Nominating Committee since 2004. Mr. Carlson has an MBA from Harvard University.

Kenneth Meyers

Mr. Kenneth R. Meyers is President and Chief Executive Officer of United States Cellular Corporation, a subsidiary of the Company and Director of Telephone and Data Systems Inc. Mr. Meyers brings to the TDS board of directors substantial experience, expertise and qualifications with respect to TDS and its subsidiaries and the industries in which they operate as a result of his background as a director of TDS and U.S. Cellular for many years, as President and Chief Executive Officer of U.S. Cellular since 2013, as Executive Vice President and Chief Financial Officer of TDS between 2007 and 2013, and as a result of his many years in other positions at U.S. Cellular. He also brings substantial experience, expertise and qualifications in TDS' businesses and in management, finance and accounting as a result of such background. As the President and Chief Executive Officer of U.S. Cellular, TDS' largest business unit, the board of directors considers it appropriate and beneficial for Mr. Meyers to serve on the TDS board to provide the board with his views on strategy and operations of U.S. Cellular. Mr. Meyers has an MBA from Northwestern University's J. L. Kellogg Graduate School of Management..

Dougla Chambers

Mr. Douglas W. Chambers has been appointed Senior Vice President - Finance, Chief Accounting Officer of the Company effective May 18, 2018. Before joining U.S. Cellular in 2017, Chambers served as vice president and controller for TDS and has held numerous positions in the finance organization. Prior to joining TDS in 2007, he held finance and accounting positions at Midway Games, Inc. and PricewaterhouseCoopers. A certified public accountant, Chambers received a BBA in accounting from the University of Wisconsin-Madison and an MBA from Kellogg School of Management at Northwestern University.

Peter Sereda

Mr. Peter L. Sereda is Senior Vice President - Finance of the Company. Mr. Sereda was Vice President and Treasurer of TDS for more than five years. In 2014, Mr. Sereda was appointed to the board of directors of U.S. Cellular.

Kurt Thaus

Mr. Kurt B. Thaus is Chief Information Officer, Senior Vice President of the Company, since January 12, 2004. In 2014, Mr. Thaus was appointed to the board of directors of U.S. Cellular. Effective January 1, 2018, Mr. Thaus assumed responsibility for TDS' subsidiary OneNeck IT Solutions, with the CEO of OneNeck IT reporting to him.

Daniel DeWitt

Dr. Daniel J. DeWitt is Senior Vice President - Human Resources of the Company, effective January 23, 2017. Prior to that, he was an Executive Psychologist at Shields Meneley Partners, since 2006.

Jane McCahon

Ms. Jane W. McCahon is Senior Vice President - Corporate Relations and Corporate Secretary of the Company. Prior to that, she was Vice President—Corporate Relations and Corporate Secretary since 2013. She joined TDS as Vice President—Corporate Relations in 2009.

Joseph Hanley

Mr. Joseph R. Hanley is Senior Vice President - Technology, Services and Strategy of the Company. Prior to that, he was Vice President—Technology Planning and Services of TDS for more than five years.

Scott Williamson

Mr. Scott H. Williamson is Senior Vice President - Acquisitions and Corporate Development of the Company, for more than five years.

John Toomey

Mr. John M. Toomey is Vice President, Treasurer of the Company. Toomey most recently served as vice president and assistant treasurer. In his new role he will take on greater responsibilities for capital markets activities, banking relationships, cash investing, and certain other corporate finance functions for TDS and its business units, U.S. Cellular and TDS Telecom. He will also continue to be a member of the investment management committee for the Company's retirement plans. Toomey received an MBA in finance and accounting from the Kellogg Graduate School of Management at Northwestern University, and a BS in mechanical engineering from Marquette University.

James Butman

Mr. James W. (Jim) Butman is Director of the Company. He joined TDS Telecom in 1985 and was appointed president and chief executive officer early in 2018. During his tenure with TDS Telecom, Butman has held numerous leadership positions. Most recently, he served as the chief operating officer. Prior to that, he was the group president of marketing, sales and customer operations. He also served as president of TDS Metrocom, the company's competitive local exchange operation, helping it grow into a$250 millionbusiness. Butman earned an appointment to the Greater Madison (Wisconsin) Chamber of Commerce Board of Directors. He has also served on the board of directors of and as treasurer for INCOMPAS, the leading trade association for competitive networks. Butman earned a BBA from the University of Wisconsin-Eau Claire and an MBA from the University of Wisconsin-Madison.

Letitia Carlson

Dr. Letitia G. Carlson, M.D, MPH, FACP is Director of the Company. Dr. Carlson brings to the TDS board of directors substantial experience, expertise and qualifications with respect to TDS and its subsidiaries and the industries in which they operate as a result of her many years as an investor in TDS, as a trustee of the TDS Voting Trust, and as a director of TDS. Further, her background and attributes bring diversity to the board. In addition, as a shareholder with a significant economic stake in TDS, Dr. Carlson provides to the TDS board of directors the perspective of shareholders in managing and operating TDS in the long-term interests of shareholders. Dr. Carlson has an MD from Harvard Medical School, a Master of Public Health (MPH) from George Washington University and is a Fellow of the American College of Physicians (FACP).

Prudence Carlson

Ms. Prudence E. Carlson is Director of the Company. Ms. Carlson brings to the TDS board of directors substantial experience, expertise and qualifications with respect to TDS and its subsidiaries and the industries in which they operate as a result of her many years as an investor in TDS, as a trustee of the TDS Voting Trust, and as a director of TDS. Further, her background and attributes bring diversity to the board. In addition, as a shareholder with a significant economic stake in TDS, Ms. Carlson provides to the TDS board of directors the perspective of shareholders in managing and operating TDS in the long-term interests of shareholders. Ms. Carlson has a Bachelor of Arts degree from Harvard University.

Clarence Davis

Mr. Clarence A. Davis is Independent Director of the Company. Mr. Davis brings to the TDS board of directors substantial experience, expertise and qualifications as a director of TDS for several years, as a former director and chief executive officer of a public technology company, as a chief financial officer and chief operating officer of the American Institute of Certified Public Accountants (AICPA) and as a director or trustee of investment funds. In addition, he has substantial experience, expertise and qualifications in accounting as a result of having been a chief financial officer of the AICPA and a Certified Public Accountant in a public accounting firm for many years, and as a result of being or having been a member of six audit committees, including the TDS Audit Committee since 2010. Mr. Davis is a member of the board of directors of West Broad Street YMCA in Savannah, Georgia, and is named in Who's Who Among African Americans. Mr. Davis has a Bachelor of Science degree in Accounting from Long Island University.

Kimberly Dixon

Ms. Kimberly D. Dixon is Independent Director of the Company. Ms. Dixon brings substantial experience, expertise and qualifications from her executive leadership position at FedEx. She has extensive operating and financial management experience. Ms. Dixon has experience in consumer and business marketing, sales and distribution strategies. Ms. Dixon also brings twenty years of experience in the telecommunications industry, and her experience in serving on the board of directors of James Avery Craftsman, Inc., a privately held jewelry designer, manufacturer and retailer. Further, her background and attributes bring diversity to the board. Ms. Dixon has a Bachelor of Science degree from Shippensburg University of Pennsylvania and an MBA from Pennsylvania State University.

Christopher O'Leary

Mr. Christopher D. O'Leary is Independent Director of the Company. Mr. O'Leary brings to the TDS board of directors substantial experience, expertise and qualifications as a result of his many years as a director of TDS and as a result of his over 30 years of experience in marketing, management and operations experience. In addition, Mr. O'Leary has over 15 years of significant and high-level experience in management of large multi-national businesses with a large number of employees, including dealing with businesses outside the U.S. Because of the competitive nature of the TDS businesses, the TDS board of directors believes that it is highly desirable to have a director with significant knowledge and experience in marketing and executive leadership. In addition, Mr. O'Leary has experience as a member of the TDS Compensation Committee since 2007 and the TDS Audit Committee since 2016. Mr. O'Leary has an MBA from New York University.

George Off

Mr. George W. Off is Independent Director of the Company. Mr. Off brings to the TDS board of directors substantial experience, expertise and qualifications as a director of TDS for many years. He also has significant experience in marketing and management as a result of his prior positions as a director and as chief executive officer and chairman of Checkpoint Systems, Inc. and of Catalina Marketing Corporation. Because of the retail nature of the TDS businesses, the TDS board of directors believes that it is highly desirable to have a director with significant knowledge and experience in retail marketing, as well as significant, high-level experience in managing consumer businesses. In addition, Mr. Off has significant experience as a member of the TDS Audit Committee and the TDS Compensation Committee for many years. Mr. Off has a Bachelor of Science degree from the Colorado School of Mines. Mr. Off has also earned the CERT certificate in Cybersecurity Oversight issued by Carnegie Mellon University.

Mitchell Saranow

Mr. Mitchell H. Saranow, J.D., is Independent Director of the Company. Mr. Saranow brings substantial experience and expertise to the TDS board of directors. He has been Chairman of The Saranow Group, L.L.C. for more than thirty years. In addition, Mr. Saranow brings twenty-five years of experience in the cable television industry during its early years of development in the 1970's and as a co-founder of Mid-Atlantic CATV which was sold to Comcast in 2000. He practiced law with Mayer Brown & Platt and then was an investment banker with Warburg, Paribas Becker specializing in financing CATV start-ups. Prior to his founding of The Saranow Group in 1983, he was CFO of two large food companies. Thereafter, Mr. Saranow founded, co-founded or acquired more than a dozen companies as principal, including Mid-Atlantic CATV, was CEO and CFO of two public companies and a director of five public companies, including TDS. He has been a member of the audit committee for all five public companies. Also, he has significant experience as a member of the TDS Corporate Governance and Nominating Committee for many years. Mr. Saranow is a CPA (inactive). He was a Senior Lecturer at the Harvard Business School where he taught in the first-year MBA program during the 2001 academic year, and he is a trustee of the Illinois Institute of Technology and chairman of its Stuart School of Business' "Center for Corporate Performance". He received his JD degree from Harvard Law School and his MBA degree from Harvard Business School.

Gary Sugarman

Mr. Gary L. Sugarman is Independent Director of the Company. Mr. Sugarman brings to the TDS board of directors substantial experience, expertise and qualifications as a director of TDS for several years, and in the telecommunications industry as a result of his positions at Otelco Inc. and LICT Corporation and his many years of prior experience with other companies in the telecommunications industry. He has been the Managing Member-Richfield Capital Partners and Principal of Richfield Associates, Inc. for twenty five years. He is also currently an advisor and investor in Dezignable, Inc., an online interior design company. Prior to that he was executive chairman of FXecosystem, Inc., a provider of outsourced connectivity services to the foreign currency and bond markets, and executive chairman and investor of Veroxity Technology Partners, a provider of optical data and Internet protocol connectivity solutions to service enterprise customers. He also was chairman and chief executive officer of Mid-Maine Communications, a telecommunications company that he co-founded. In addition, he has experience as a member of the TDS Compensation Committee since 2010. Mr. Sugarman has an MBA from the University at Buffalo-State University of New York.