Country Road Communications Announces New Chief Financial Officer.MORRISTOWN, N.J. -- Harry S. Bennett, Chairman and Chief Executive Officer of Country Road Communications today announced the appointment of Stuart K. Wiet as Senior Vice President and Chief Financial Officer. Ms. Wiet has broad experience in telecommunications financial management with over 20 years in various positions at AT&T where she was a senior member of the Consumer Local Services CFO See Chief Financial Officer. organization with responsibilities for the reporting, business planning, and financial assessment processes supporting the AT&T strategy for consumer local services. Stuart joined Country Road in February 2000, and has most recently served as Vice President & Director of Financial Operations. She holds a Bachelors degree from Hollins University Hollins University is a four-year institution of higher education, a private university located on a 475-acre campus on the border of Roanoke County, Virginia and Botetourt County, Virginia. and a Masters degree in Statistics from Rutgers University Rutgers University, main campus at New Brunswick, N.J.; land-grant and state supported; coeducational except for Douglass College; chartered 1766 as Queen's College, opened 1771. Campuses and Facilities Rutgers maintains three campuses. . According to Mr. Bennett, "Stuart has the perfect background to address the requirements of our business. As a management team we are very focused on the details of our business operations, and Stuart has the perfect blend of knowledge and skill to lead us to the next level." Country Road Communications was formed in January 2000 to acquire local exchange carriers and to provide advanced telecommunications services through its various entities. The company has 39,817 local telephone access line equivalents in Maine, Massachusetts, California and West Virginia, together with 30,453 CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) lines in Southern Maine, and offers a full range of telecommunications services including high-speed Internet (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ), national and international long distance, conference calling and dedicated and private line service to customers within its ILEC (Incumbent Local Exchange Carrier) A traditional local telephone company such as one of the Regional Bell companies (RBOCs). Contrast with CLEC. See ELEC and TELRIC. franchises and selected other markets. The lead investor in Country Road Communications is ABRY Partners, a Boston based private equity investor with over $2 billion under management. |
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