Citizens Appoints Mark Nuss to Key Internal Audit Role.STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 18, 1998--Leonard Tow, chairman and chief executive officer of Citizens Utilities (NYSE NYSE See: New York Stock Exchange :CZN, CZNPr), announced today that Mark D. Nuss has been appointed corporate director, internal audit, for the company's two telecommunications businesses, Citizens Communications Citizens Communications is the parent company of Frontier Telephone, providing telephone and internet access in 24 states. The company headquarters are located at 3 High Ridge Park in Stamford, Connecticut. and Electric Lightwave Inc. Citizens Utilities announced on May 18, 1998, that it intends to separate its telecommunications businesses and public services Public services is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. businesses into two stand-alone, publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . After the separation of these businesses and Citizens' non-operating telecommunications investments into a stand-alone, publicly traded company (referred to for now as "NewCo"), Nuss will lead the internal audit function for NewCo. "Nuss' appointment reflects the increasing reliance on the internal audit function by senior management to enhance shareholder value, grow our telecommunications businesses, and prepare for separation," Tow said. Nuss has more than 20 years of financial and operational experience in telecommunications. Most recently, he was controller of Citizens Communications, responsible for all accounting and reporting functions within that business sector. Before that, he was controller for Citizens' telephone operations in California and Arizona. Nuss earned a bachelor's degree from San Francisco State University • • [ and will soon receive his master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in business administration from the University of Dallas The University of Dallas is a Catholic institution. It seeks to educate its students to develop the intellectual and moral virtues, to prepare themselves for life and work, and to become leaders in the community. . Citizens Utilities provides telecommunications services and public utility services, including natural gas distribution, electric distribution, water distribution and wastewater treatment services to approximately 1.8 million customers in 21 states. Citizens owns 83% of Electric Lightwave, Inc. (Nasdaq:ELIX), a leading full-service, facilities-based integrated communications services provider, and has a significant investment in Centennial Cellular Corp. (Nasdaq:CYCL), a cellular telephone company. |
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