Bresnan Communications has elevated Jeff DeMond from president to CEO.
With DeMond's promotion, company founder William Bresnan, who had been serving as CEO, will assume the role of chairman, focusing his attention on the strategic matters and industry relations.
Bresnan Communications services some 320,000 customers in Colorado, Montana, Wyoming and Utah.
DeMond has been with the company for 24 years, including working as president since 2005. During that span, DeMond has been instrumental in leading Bresnan's acquisition and financing activities, as well as the integration of its domestic and international communications initiatives.
The restructuring, which has been the company's long-standing plan, is designed to strengthen its ability to pursue strategic opportunities. It also will create a more unified focus on driving greater cash flow and value growth for the business, according to company offices.
"It is my great pleasure to name Jeff DeMond as CEO of Bresnan Communications" Bresnan said in a statement. "This transition is the next step in a succession plan begun several years ago to ensure continuity in the goals of our company. Jeff has been a key member of our executive team for 24 years and it is in that breadth of experience that my confidence in him to maintain our company's culture, philosophy and business direction is rooted."
Noted DeMond: "I am privileged to have been able to work side by side with Bill Bresnan for more than twenty years. His talent and integrity are legendary within our industry as he has developed and operated telecommunications businesses that meet the very highest standards technologically, in customer service, and in financial performance. There is no greater honor for me personally, than being named by him to maintain this vision for our company."
