Lightpath Appoints Rachel Stack as Chief Financial Officer
Rhea-AI Summary
Lightpath, an all-fiber connectivity provider, has appointed Rachel Stack as Chief Financial Officer. With over 25 years of experience, Stack joins from Cologix where she served as CFO. Her responsibilities at Lightpath will include overseeing corporate finance, accounting, financial planning, treasury, tax, and internal audit. She will also manage corporate development, strategy, and capital markets planning.
Stack's previous roles include Senior Vice President of Corporate Strategy and Development at Zayo Group Holdings and investment banker at RBC Capital Markets. CEO Chris Morley praised Stack's industry experience and leadership qualities, stating she will help formulate and execute the company's strategic plan. Stack expressed excitement about joining Lightpath, highlighting the company's execution and investments towards becoming a top U.S. fiber infrastructure business.
Positive
- Appointment of experienced CFO with 25+ years in the industry
- New CFO brings expertise from relevant companies (Cologix, Zayo Group)
- Strengthened leadership team to support strategic growth plans
- CEO's confidence in new CFO's ability to execute strategic plan
Negative
- None.
As CFO, Stack will oversee all corporate finance, including accounting, financial planning and budgeting, treasury, tax, and internal audit. Additionally, she will be responsible for corporate development, strategy, and capital markets planning and execution.
"Rachel has extensive experience in the industry, and is a strong, proven leader who will help the company continue to formulate and execute upon its strategic plan," said Lightpath CEO Chris Morley. "She brings an accomplished track record and represents a great addition to the Lightpath leadership team."
Stack brings more than 25 years of experience to Lightpath, joining the company from Cologix where she served as Chief Financial Officer. Previously, she was the Senior Vice President of Corporate Strategy and Development at Zayo Group Holdings, another fiber infrastructure provider. Prior to Zayo, Rachel was an investment banker covering the communications infrastructure sector at RBC Capital Markets.
"I could not be more excited to be joining Lightpath, a company that has been executing at a high level and continues to invest towards becoming a top fiber infrastructure business in the
Stack received her undergraduate degree as well as an MBA from
About Lightpath:
Lightpath is revolutionizing how customers connect to their digital destinations by combining our next-generation network with our next-generation customer service. Lightpath's advanced fiber-optic network offers a comprehensive portfolio of custom-engineered connectivity solutions with unparalleled performance, reliability, and security. Our consultative customer service means we work with you to design, deliver, and support the solution for your unique needs, faster and more easily than ever before. For over 30 years, thousands of enterprises, governments, and educators have trusted Lightpath to power their organization's innovation. Lightpath is jointly owned by Altice USA (NYSE: ATUS) and Morgan Stanley Infrastructure Partners.
To learn how Lightpath can connect you to your digital destinations, visit lightpathfiber.com
For media inquiries:
JSA for Lightpath
1-866-695-3629 ext. 4
jsa_lightpath@jsa.net
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SOURCE Lightpath
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