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Press Release -- April 2nd, 2015
Source: Earthlink

EarthLink Announces Management Changes to Accelerate Strategic Transformation

ATLANTA, April 2, 2015 — EarthLink Holdings Corp. (NASDAQ:ELNK, news, filings) today announced that it has appointed Gerard Brossard to the position of Executive Vice President and Managing Director, Managed Services and Information Technology. Prior to joining EarthLink, Mr. Brossard served as Senior Vice President, Global Head of Business Planning and Operations at Visa Inc. since 2014. From 2013 to 2014, he served in a variety of advisory and consultative roles at several technology companies, including EarthLink. From 2000 to 2012, Mr. Brossard served in various executive positions with Hewlett-Packard Company, most recently as General Manager of its Rich Media Management Solutions division. EarthLink’s Executive Vice President, Managed Services, Michael D. Toplisek, will leave the company following a transition period.

EarthLink also announced that Bradley A. Ferguson, EarthLink’s previous Executive Vice President, Chief Financial Officer, will now assume an operating role and serve as its Executive Vice President and Managing Director, Small Business and Consumer. He will also lead the company’s corporate development function.

The company also announced that Louis M. Alterman will succeed Mr. Ferguson in the position of Executive Vice President, Chief Financial Officer of EarthLink. Mr. Alterman has served the company in a variety of financial roles since 2003. Most recently he has served as Executive Vice President, Strategy, Operations and Transformation and from August 2012 to September 2014, he served as Senior Vice President, Finance and Treasurer.

Joseph F. Eazor, Chief Executive Officer and President commented, “Mike Toplisek has been a great asset to EarthLink. We are very grateful to him for his dedicated service to EarthLink and we will miss his talent and enthusiasm.” Mr. Eazor added, “Gerard Brossard is a fantastic addition to our management team and Louis and Brad are ideally experienced for their new positions. I look forward to working with them in their new roles as we continue with our strategy to be a leading managed network, security, and cloud service provider. And while I will have much more information to share on our earnings call in early May, I am pleased with how our first quarter results are demonstrating our continuing progress in executing this strategy.”

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