ALLTEL Announces Management Change in Treasury Group.LITTLE ROCK, Ark. -- ALLTEL (NYSE NYSE See: New York Stock Exchange : AT) announced today that John Ebner will become company treasurer effective April 8. Ebner joined ALLTEL in 1996 and has served in various management roles. Ebner succeeds Scott Settelmyer, who has been ALLTEL's treasurer since 2001. Settelmyer and his family have decided to move back to their hometown of Chicago. "Scott has made a tremendous contribution to ALLTEL and we regret to lose an executive of his caliber," said Jeff Gardner For the baseball player, see . Jeff Gardner is an American actor and theatre producer. As an actor, Gardner was last seen on Broadway in The Wild Party (2000) directed by George C. Wolfe, where he served as a stand-by for Mandy Patinkin. , ALLTEL executive vice president and chief financial officer. As treasurer, Settelmyer has led numerous capital market transactions, including more than $3 billion in fixed-income issuances, a $1.4 billion mandatory convertible Mandatory Convertible A type of convertible bond that has a required conversion or redemption feature. Either on or before a contractual conversion date, the holder must convert the mandatory convertible into the underlying common stock. offering and a $600 million tower-leasing transaction. "Scott played a major role in building ALLTEL's reputation as one of the best financially managed firms in the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. ," Gardner said. "We are grateful for his leadership and wish him the best in his future endeavors." The treasurer function will continue reporting to Gardner. Ebner now serves as vice president of finance for ALLTEL's wireless operations. He joined the company in 1996 as assistant to the president of the former ALLTEL Information Services See Information Systems. . He later served as vice president of pricing and product management for ALLTEL Communications and as assistant to the president of ALLTEL Corp., where for several years he was primarily focused on merger and acquisition activities. Ebner also has served as regional vice president of finance based in Charlotte and as vice president of industry relations based in Washington, D.C. "John's experience with ALLTEL has prepared him well to step into this new role," Gardner said. "He has a solid track record in a variety of operational and strategic roles and we look forward to his contributions as treasurer." Prior to joining ALLTEL, Ebner worked as an investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. with JP Morgan and Stephens Inc. He has an undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree. An undergraduate degree (sometimes called a first degree or simply a degree in business and accounting from Washington and Lee University Washington and Lee University, at Lexington, Va.; coeducational; founded and opened 1749 as Augusta Academy. It was called Liberty Hall in 1776; became Liberty Hall Academy (a college) in 1782, Washington Academy (following a gift from George Washington) in 1798, and a master's in business administration from the University of Virginia. ALLTEL is a customer-focused communications company with more than 13 million customers and $8 billion in annual revenues. ALLTEL provides wireless, local telephone, long-distance, Internet and broadband services to residential and business customers in 26 states. ALLTEL, NYSE: AT www.alltel.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion