W. Pease has been named executive vice president and chief financial officer of
CommScope, a global leader in infrastructure solutions for communications
networks, effective April 2. Pease succeeds Mark Olson, who, as previously
announced, is retiring from the company.
is an experienced leader who brings to CommScope more than 18 years of
extensive financial and operational experience across a wide range of
industries, including serving as CFO at two publicly-owned companies. Pease
most recently served as executive vice president and CFO of Snyder’s-Lance, a
global consumer packaged goods company based in Charlotte. Prior to that, Pease was a principal in
McKinsey & Company’s global corporate finance and business functions
practice, after serving as senior vice president and CFO at EnPro Industries,
where he oversaw six operating divisions in addition to the finance,
accounting, strategy and development, global supply chain and information
CLICK TO TWEET: Alexander W. Pease has been named CommScope's new chief financial officer.
are delighted to have someone of Alex’s caliber take on the CFO role at
CommScope,” said Eddie Edwards, president and chief executive officer,
CommScope. “Following an extensive review of internal and external candidates,
it was clear that Alex will bring exceptional leadership experience across a
range of industries and a global and strategic perspective to CommScope. We are
confident he is the right leader to bolster our ongoing efforts to accelerate
growth, expand margins and drive shareholder value.”
CommScope’s strong financial history, technology leadership, impressive track
record of M&A, and the numerous emerging opportunities in the industry, now
is certainly an exciting time to step into this role,” said Pease. “Throughout
my career, I have been focused on developing strategic paths to drive growth
and enhancing performance through collaboration, speed and agility. I look
forward to working with this incredibly talented team as we continue to
position CommScope for long-term success and value creation.”
began his career at McKinsey in roles of increasing responsibility across the
global operations, risk and finance practices, where he focused on capital
productivity, portfolio allocation and capital investment strategy and
execution. Pease served in the United States Navy as a SEAL Platoon Commander
of SEAL Team Four for six years. He has a MBA from the Tuck School of Business
at Dartmouth College and graduated with honors and distinction from the United
States Naval Academy with a Bachelor of Science degree.
CommScope (NASDAQ: COMM)
helps companies around the world design, build and manage their wired and
wireless networks. Our vast portfolio of network infrastructure includes some
of the world’s most robust and innovative wireless and fiber optic solutions.
Our talented and experienced global team is driven to help customers increase
bandwidth; maximize existing capacity; improve network performance and
availability; increase energy efficiency; and simplify technology migration.
You will find our solutions in the largest buildings, venues and outdoor
spaces; in data centers and buildings of all shapes, sizes and complexity; at
wireless cell sites; in telecom central offices and cable headends; in FTTx
deployments; and in airports, trains, and tunnels. Vital networks around the
world run on CommScope solutions.
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This press release includes
forward-looking statements that are based on information currently available to
management, management’s beliefs, as well as on a number of assumptions
concerning future events. Forward-looking statements are not a guarantee of
performance and are subject to a number of uncertainties and other factors,
which could cause the actual results to differ materially from those currently
expected. In providing forward-looking statements, the company does not intend,
and is not undertaking any obligation or duty, to update these statements as a
result of new information, future events or otherwise.