CHICAGO, May 28, 2019 /PRNewswire/ --Telephone and Data
Systems, Inc. (NYSE: TDS) and TDS' subsidiary United States
Cellular Corporation (NYSE: USM) today announced the following
financial leadership appointments effective June 24, 2019:
TDS
Peter L. Sereda, currently
serving as senior vice president of finance at TDS, has been
appointed to executive vice president and chief financial officer
at TDS. Sereda will oversee the following TDS functions: accounting
and reporting, treasury and capital markets, tax compliance and
planning, and financial analysis and budgeting. Sereda joined TDS
in 1998 as vice president and treasurer.
U.S. Cellular
Steven T.
Campbell, currently serving as executive vice
president, chief financial officer and treasurer, will transition
to executive vice president and chief administrative officer at
U.S. Cellular. In this role, Campbell will provide oversight for
the chief financial officer function and will provide direct
leadership for the strategy, financial planning and analysis,
regulatory affairs, and supply chain activities at U.S.
Cellular.
Campbell joined U.S. Cellular in 2005 as vice president and
controller. He is also on the board of directors for U.S.
Cellular.
Douglas W.
Chambers, currently serving as senior vice
president of finance at TDS and chief accounting officer at TDS and
U.S. Cellular, will become senior vice president, chief financial
officer and treasurer of U.S. Cellular, succeeding Steven T. Campbell as chief financial officer.
Chambers will report to Campbell and be responsible for U.S.
Cellular's accounting and financial reporting, as well as credit
and real estate services.
Chambers previously served as vice president and controller for
U.S. Cellular and as vice president and controller for TDS. He has
held a number of positions in the finance organization since
joining TDS in 2007.
TDS and U.S. Cellular
Anita J. Kroll will remain
vice president and controller at TDS, and will succeed Chambers as
chief accounting officer at TDS and U.S. Cellular. Kroll will
continue to be responsible for corporate accounting, internal and
external reporting, technical accounting, tax accounting, and
enterprise-wide shared services. Kroll joined TDS in 2011. Prior to
her current role, Kroll served as director of accounting and
reporting for TDS and held a project role in accounting
policy.
"Peter Sereda is an outstanding
leader for our financial organization," said LeRoy T. Carlson Jr., TDS president and CEO.
"Through his thought leadership, management and guidance as chief
financial officer, TDS will further enhance its strong financial
foundation that provides stability to help the growth of the TDS
Family of Businesses."
"Anita has shown her extensive financial knowledge and strong
leadership skills in managing our financial and accounting
functions," said Carlson. "I'm confident she will excel in
the additional responsibilities as chief accounting officer for TDS
and U.S. Cellular."
"I sincerely thank Doug Chambers
for his exceptional leadership at TDS," said Carlson. "I am pleased
he's accepted this opportunity to advance his career within the TDS
family of companies, and am confident he will bring his strong
talent to bear in his new role at U.S. Cellular."
"These moves at U.S. Cellular will allow us to spend more time
on strategic matters while continuing to grow and develop our
leadership team," said Kenneth R.
Meyers, president and CEO of U.S. Cellular.
About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune
1000® company, provides wireless; cable and
wireline broadband, TV and voice; and hosted and managed
services to approximately 6 million connections nationwide
through its businesses, U.S. Cellular, TDS Telecom, BendBroadband
and OneNeck IT Solutions. Founded in 1969 and headquartered in
Chicago, TDS employed 9,400 people
as of March 31, 2019.
About U.S. Cellular
U.S. Cellular is the fifth-largest full-service wireless carrier in
the United States, providing
national network coverage and industry-leading innovations designed
to elevate the customer experience. The Chicago-based carrier is building a stronger
network with the latest 5G technology and offers a wide range of
communication services that enhance consumers' lives, increase the
competitiveness of local businesses and improve the efficiency of
government operations. To learn more about U.S. Cellular, visit one
of its retail stores or uscellular.com. To get the latest news,
promos and videos, connect with U.S. Cellular on
Facebook.com/uscellular, Twitter.com/uscellular and
YouTube.com/uscellularcorp.
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SOURCE Telephone and Data Systems, Inc. and United States
Cellular Corporation