EarthLink Announces Additions to Board of Directors; Declares Quarterly Dividend of $0.05 per Share |
ATLANTA, GA — July 16, 2013 — EarthLink, Inc. (NASDAQ: ELNK) today announced the appointment of Kathy S. Lane and Julie A. Shimer, Ph. D. to EarthLink's Board of Directors, expanding the size of the Board to 9 members. Additionally, the Board of Directors declared a quarterly cash dividend on its common stock in the amount of $0.05 per share to be paid on September 13, 2013 to shareholders of record on August 30, 2013.
"We are extremely pleased to welcome Kathy and Julie to our Board," commented Rolla P. Huff, Chief Executive Officer and Chairman of EarthLink's Board of Directors. "As we continue our transformation to a leading IT services, network and communications provider, both executives will bring important skill sets and deep experience to our Board."
Ms. Lane has 30 years of IT experience, including CIO roles in the Consumer Products, financial services, utilities and retail industries. Most recently she was EVP/CIO of TJX Companies, Inc., a specialty apparel retailer, from October 2008 until her retirement in March of this year. Previously she was Group CIO at National Grid USA and SVP/CIO of Gillette Company and before that she held positions of increasing responsibility in IT at General Electric, Pepsi-Cola International and Procter & Gamble. Ms. Lane has been active in many industry groups, including Oracle's President's Council. From 2002-2013 she was a member of the CIO Strategy Exchange, a forum sponsored by Kleiner Perkins Caulfield Byers and Ostriker von Simson to evaluate emerging, innovative technologies.
Dr. Shimer is currently a private investor and has 30 years of product development experience, including many years with major communications companies. From March 2007 to April 2012 she served as Chief Executive Officer of Welch Allyn, Inc., a manufacturer of frontline medical products and solutions, having served on the board of directors beginning in July 2002. Previously Dr. Shimer was President and Chief Executive Officer of Vocera Communications, Inc., a provider of wireless communications systems, also serving on the board of directors. She also has served as general manager at 3Com Corporation and Motorola and has been a product development leader at Motorola and AT&T Bell Laboratories. Since March 2007, Dr. Shimer has been a director of Netgear, Inc., a home and small business network solutions provider. She also has served as the Chairwoman of Empire State Development Corp., the State of New York's economic development organization.
About EarthLinkClick Here To Print This Press Release
Founded in 1994, EarthLink Holdings Corp. (NASDAQ: ELNK) is a leading
managed network and
cloud services provider, empowering businesses with a fully-managed, end-to-end communications, IT and virtualization portfolio including
hosted applications and
IT support services. EarthLink operates an over 28,000 fiber route mile network, with 90 metro fiber rings and 8 secure data centers providing ubiquitous
nationwide data and
voice IP service coverage. EarthLink's service and product innovation enables the company to design scalable solutions specific to each client's IT needs, supported by an experienced customer care team. The company also offers award-winning
dial-up Internet services to
residential customers across the U.S. For more information, visit
www.earthlinkbusiness.com or follow