Shenandoah Telecommunications Appoints Ed McKay as New CEO, Christopher French to Transition to Executive Chairman Role
PorAinvest
jueves, 31 de julio de 2025, 5:02 pm ET1 min de lectura
SHEN--
McKay, who has been the Company's Executive Vice President and Chief Operating Officer since 2021, brings with him 29 years of telecommunications experience. The transition is expected to take place on September 1, 2025. French will continue to serve as a member of the board of directors.
The change in leadership comes as Shentel reported its second quarter 2025 financial and operating results. The company saw a 43.1% increase in data subscribers in Glo Fiber Expansion Markets, leading to a 40.5% revenue growth in this segment. Total revenue grew by 3.2% to $88.6 million, while net loss from continuing operations decreased to $9.0 million from $12.8 million in the second quarter of 2024. Adjusted EBITDA grew by 21.9% to $28.4 million, with the margin expanding from 27% to 32% [1].
McKay's appointment reflects Shentel's commitment to continuous improvement and strategic growth. His extensive experience in telecommunications will be crucial as the company continues to expand its Glo Fiber network and integrate the Horizon Telcom acquisition. The appointment also signals a new era of leadership at Shentel, with a focus on driving sustainable Adjusted EBITDA growth and margin expansion.
Shentel's earnings conference call will be webcast on Thursday, July 31, 2025, at 4:30 p.m. ET. The webcast and related materials will be available on Shentel’s Investor Relations website at [https://investor.shentel.com/](https://investor.shentel.com/) [1].
References:
[1] https://finance.yahoo.com/news/shenandoah-telecommunications-company-reports-second-200500837.html
Shenandoah Telecommunications has appointed Edward H. "Ed" McKay as President and CEO, replacing Christopher E. French, who will transition to Executive Chairman. McKay has been the Company's Executive Vice President and Chief Operating Officer since 2021 and has 29 years of telecommunications experience. The transition is expected to take place on September 1, 2025.
Shenandoah Telecommunications Company (Shentel) has appointed Edward H. "Ed" McKay as President and CEO, replacing Christopher E. French, who will transition to the role of Executive Chairman. The appointment was announced on July 31, 2025 [1].McKay, who has been the Company's Executive Vice President and Chief Operating Officer since 2021, brings with him 29 years of telecommunications experience. The transition is expected to take place on September 1, 2025. French will continue to serve as a member of the board of directors.
The change in leadership comes as Shentel reported its second quarter 2025 financial and operating results. The company saw a 43.1% increase in data subscribers in Glo Fiber Expansion Markets, leading to a 40.5% revenue growth in this segment. Total revenue grew by 3.2% to $88.6 million, while net loss from continuing operations decreased to $9.0 million from $12.8 million in the second quarter of 2024. Adjusted EBITDA grew by 21.9% to $28.4 million, with the margin expanding from 27% to 32% [1].
McKay's appointment reflects Shentel's commitment to continuous improvement and strategic growth. His extensive experience in telecommunications will be crucial as the company continues to expand its Glo Fiber network and integrate the Horizon Telcom acquisition. The appointment also signals a new era of leadership at Shentel, with a focus on driving sustainable Adjusted EBITDA growth and margin expansion.
Shentel's earnings conference call will be webcast on Thursday, July 31, 2025, at 4:30 p.m. ET. The webcast and related materials will be available on Shentel’s Investor Relations website at [https://investor.shentel.com/](https://investor.shentel.com/) [1].
References:
[1] https://finance.yahoo.com/news/shenandoah-telecommunications-company-reports-second-200500837.html

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