LITTLE ROCK, Ark. – Windstream (NYSE:WIN, news, filings) has named Matt Dement senior vice president of strategy, corporate development and financial planning & analysis. The appointment is effective Feb. 2.
Dement will be responsible for leading Windstream’s corporate development efforts and investment strategy, as well as the short-term and long-term financial forecasting process.
“Matt has been a close adviser to Windstream over the past several years on several key strategic transactions that the company has announced,” said Bob Gunderman, chief financial officer. “His investment banking experience, significant knowledge of the telecom industry and superior financial skills will be very beneficial to our efforts to maximize shareholder value.”
Dement currently serves as a senior vice president in the communications and media group at Stephens Inc., a full-service independent investment bank. During his 10-year tenure at Stephens, Dement advised on dozens of transactions with a combined transaction value of more than $30 billion. He has spent significant time on both buy-side and sell-side assignments, as well as performed other strategic advisory work for both public and private companies.
Dement received a bachelor of arts degree in business administration and economics from Rhodes College.
Windstream, a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications and technology solutions, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. For more information, visit the company’s online newsroom at news.windstream.com or follow on Twitter at @WindstreamNews.