Windstream Holdings, a privately held communications and software company, has appointed Paul Sunu as its new President and CEO, effective immediately. He replaces Tony Thomas, who has left the Company and the Board after 17 years.
Sunu has been the Chairman of the Board since 2020 and will keep his position. He has 27 years of telecom industry experience and has led several wireline communications companies. He plans to enhance Windstream’s strategy, customer service and growth.
Thomas led Windstream through several acquisitions, mergers, restructuring and fiber transformation. He thanked the Board for their support and expressed confidence in the Company’s future.
Windstream is owned by Elliott Investment Management, OakTree Capital Management, PIMCO and other principal investors. Elliott Portfolio Manager Johannes Weber praised Sunu as the ideal CEO for Windstream and thanked Thomas for his service. He said he expects a smooth transition and looks forward to Windstream’s next phase of growth.
Windstream provides managed communications services, including SD-WAN and UCaaS, and high-capacity bandwidth and transport services to businesses across the U.S.