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Frontier Communications names McBride new CFO

Sep. 12, 2016 9:45 AM ETFrontier Communications Parent, Inc. (FYBR) StockBy: Jason Aycock, SA News Editor
  • Frontier Communications (FTR) has named R. Perley McBride its new chief financial officer.
  • McBride succeeds John Jureller, who's heading for new opportunities but will stay on to ensure a good handoff. The move is effective today.
  • Most recently, McBride has been chief financial officer at Cable & Wireless Communications. He spent part of his career at Frontier already, though -- more than 10 years earlier on.
  • McBride will play an integral part in hitting targets at Frontier, says CEO Dan McCarthy, "including achieving adjusted free cash flow in the range of $825M to $900M in 2016, adjusted EBITDA in excess of $4B in 2017, as well as our expense synergy target of at least $1.25B.”

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