Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) As of January 9, 2018, Windstream Holdings, Inc. (the “Company”) announced that, effective immediately, John Fletcher will no longer serve as Chief Human Resources & Legal Officer and that such position will be eliminated. Mr. Fletcher will continue as a full-time employee until March 2, 2018 (the “Termination Date”) in the role of Senior Consultant to the Chief Executive Officer, and his base salary and benefit levels in effect as of January 9, 2018, will continue through the Termination Date. He will transition his duties to Jack Brooks, who was appointed the Company’s Chief Human Resources Officer effective as of January 9, 2018, and Kristi Moody who currently serves as the Company’s Senior Vice President, General Counsel and Corporate Secretary. Mr. Brooks and Ms. Moody will report directly to President and CEO Tony Thomas.
As a result of his departure, Mr. Fletcher will receive certain severance benefits pursuant to the terms of a Change-In-Control and Severance Agreement, dated as of September 1, 2017, the terms of which were previously disclosed on September 1, 2017, in a Current Report on Form 8-K filed with the Securities and Exchange Commission.