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SMALL BUSINESS
RCN Appoints Casimir Skrzypczak and Kurt Cellar to Board
Market Wire
HERNDON, VA -- (Marketwire) -- 10/16/09 --
RCN
Corporation (NASDAQ: RCNI) announced today that Casimir S. Skrzypczak,
68, and Kurt M. Cellar, 39 have been named independent members of its board
of directors, increasing the size of the board to eight seats.
RCN Corporation is a leading
provider of all-digital and
high definition
video, high-speed internet, and premium voice services to residential
and small-medium business customers, in Philadelphia, Lehigh Valley, PA,
New York, Boston, Chicago and Washington D.C, as well as
high-capacity transport services to
carrier and large enterprise customers.
Lee S. Hillman, chairman of RCN's Board of Directors, stated, "The board
joins me in welcoming these two respected executives as independent
directors. Casimir Skrzypczak is a recognized expert on telecommunications
network planning and architecture, and Kurt Cellar brings extensive capital
markets and finance experience. We look forward to the benefit of their
insights and judgment."
Mr. Skrzypczak is the former senior vice president of Customer Advocacy for
Cisco Systems. Prior to assuming that position, he was corporate vice
president and group president of Professional Services at Telecordia
Technologies. Mr. Skrzypczak was formerly president of NYNEX Science &
Technology and vice president - Network and Technology Planning. He serves
on the board of directors of RF Microdevices (NASDAQ: RFMD) and JDS
Uniphase Corporation (NASDAQ: JDSU). He holds a Bachelors degree in
Mechanical Engineering from Villanova University and a Masters in
Operations Research from Hofstra University.
Since January 2008, Mr. Cellar he has been a consultant to companies in the
telecommunications, retail and insurance industries. He has extensive
experience in telecommunications as both an investor and board member. As
the lead director in Telcove, fka Adelphia Business Solutions, he was
instrumental in the company's turnaround, growth and eventual sale to Level
3 Communications. Mr. Cellar was a partner and portfolio manager with the
hedge fund Bay Harbour Management, L.C. from 1999 to 2008. Prior to Bay
Harbour, Mr. Cellar was with the private equity firm Remy Investors. Prior
to that, he was a strategy consultant at LEK/Alcar. He is currently a
director of Penn Traffic Company (Pink Sheets: PTFC) and the Home Buyers
Warranty Corporation, a private company. Mr. Cellar has a Masters in
Business Administration from the Wharton School of Business and is a
Chartered Financial Analyst.
About RCN Corporation
RCN Corporation (NASDAQ: RCNI),
www.rcn.com, is a competitive broadband
services provider delivering all-digital and high definition video,
high-speed internet and premium voice services to residential and
small-medium business customers under the brand names of RCN and RCN
Business Services, respectively. In addition, through its RCN Metro Optical
Networks business unit, RCN delivers fiber-based high-capacity data
transport services to large commercial customers, primarily large
enterprises and carriers, targeting the metropolitan central business
districts in the company's geographic markets. RCN's primary service areas
include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City,
Boston and Chicago.
(RCNI-G)
Contact:
RCN
Richard Ramlall
SVP Strategic External Affairs and Programming
(703) 434-8430
Lippert/Heilshorn & Associates
Carolyn Capaccio
(212) 838-3777
RCN
Richard Ramlall
SVP Strategic External Affairs and Programming
(703) 434-8430
Lippert/Heilshorn & Associates
Carolyn Capaccio
(212) 838-3777
MARKET WIRE
2009-10-16 08:30:13
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