Napoleon B. Rutledge Jr. elected to TDS Board of Directors

Rhea-AI Summary

Telephone and Data Systems (NYSE: TDS) has elected Napoleon B. Rutledge Jr. to its Board of Directors, effective December 1, 2024. Rutledge, who will serve on the TDS Audit Committee, is currently Senior Vice President and Chief Accounting Officer at McKesson He brings extensive financial expertise and business leadership experience from his previous roles at Genuine Parts Company and Ernst & Young LLP. TDS, founded in 1969 and headquartered in Chicago, provides wireless, broadband, video, and voice services to approximately 6 million connections nationwide through UScellular and TDS Telecom, employing around 8,000 associates as of September 30, 2024.

Positive

• Addition of experienced financial executive with extensive accounting and risk management expertise to the Board
• Strengthening of Audit Committee with qualified CPA professional

Negative

• None.

CHICAGO, Nov. 12, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) is pleased to announce its Board of Directors has elected Napoleon B. Rutledge Jr. to the Board effective December 1, 2024. Mr. Rutledge will also serve on the TDS Audit Committee.

"Napoleon brings extensive financial expertise and broad business leadership experience to our Board of Directors, and his deep accounting and risk management knowledge and strategic business acumen will serve TDS well into the future," said Walter C.D. Carlson, TDS Board chair.

Mr. Rutledge is the Senior Vice President and Chief Accounting Officer of McKesson Corporation, a global healthcare company. Prior to serving in his current role, Mr. Rutledge held several financial executive leadership positions with increasing responsibilities at Genuine Parts Company, a global service organization in the automotive and industrial parts industry. Mr. Rutledge began his career as a Certified Public Accountant at Ernst & Young LLP.

Mr. Rutledge graduated from Morehouse College with a bachelor's degree in accounting.

About TDS 
Telephone and Data Systems, Inc. (TDS) provides wireless, broadband, video and voice services to approximately 6 million connections nationwide through its businesses, UScellular and TDS Telecom. Founded in 1969 and headquartered in Chicago, TDS employed approximately 8,000 associates as of September 30, 2024.

For more information about TDS and its subsidiaries, visit:
TDS: www.tdsinc.com
UScellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com 

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SOURCE Telephone and Data Systems, Inc.

FAQ

When will Napoleon B. Rutledge Jr. join the TDS Board of Directors?

Napoleon B. Rutledge Jr. will join the TDS Board of Directors effective December 1, 2024.

What is Napoleon B. Rutledge Jr.'s current position before joining TDS Board?

He is currently serving as Senior Vice President and Chief Accounting Officer of McKesson , a global healthcare company.

How many customers does TDS (NYSE: TDS) serve as of 2024?

TDS provides services to approximately 6 million connections nationwide through its businesses, UScellular and TDS Telecom.

What committee will Napoleon B. Rutledge Jr. serve on at TDS?

Napoleon B. Rutledge Jr. will serve on the TDS Audit Committee.