Alaska Communications Systems Appoints Annette Jacobs as Lead Independent Director.ANCHORAGE, Alaska -- Alaska Communications Systems This article is about the current telecommunications company. For the historical "Alaska Communications System", see AT&T Alascom. Alaska Communications Systems, (or ACS) is a telecommunications corporation, headquartered in Anchorage, Alaska. Group, Inc. ("ACS (Asynchronous Communications Server) See network access server. ") (Nasdaq:ALSK), Alaska's leading integrated communications provider, distinguishes itself again with best in class governance practices by appointing Annette Jacobs as the company's lead independent director. Other best in class practices include the adoption of corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. principles, annual election of all directors, and all independent directors on all committees with 7 out of 8 board directors classified as independent. "Annette has been a tremendously valuable member of our board, drawing on relevant and rich experiences as a sitting CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and as a prior telecom executive. As lead director, Annette will contribute even further as she facilitates communications among and between individual directors, committees and the chair of the board," said Liane li·an·a also li·ane n. Any of various climbing, woody, usually tropical vines. [Alteration of French liane, probably from lier, to bind, from Old French; see liable.] Pelletier, president, chief executive officer and chair of ACS. Jacobs is the chair and chief executive officer of SafeHarbor Technology Corporation in Seattle, Washington The reason for its protection is listed on the protection policy page. . She has been a director of ACS since July 2006 and currently chairs the nominating and corporate governance committee of the board. "I am proud to be able to work with Liane and the ACS board in this critical role," said Jacobs. "ACS is a company committed to continuing its track record of responsible corporate governance and independent leadership. I look forward to continuing to work with the board in addressing key strategic, financial and governance issues." About Alaska Communications Systems ACS is the leading integrated communications provider in Alaska, offering local telephone service, wireless, long distance, data, and Internet services to business and residential customers throughout Alaska. More information can be found on the company's website at www.acsalaska.com or at its investor site at www.alsk.com. |
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