“Edwards stood out among many outstanding CEOs. He is first and foremost a leader. His strategic vision, relentless work ethic, and willingness to make difficult but necessary decisions have elevated CommScope to become one of the best of its kind in the world,” said Daniel A. D’Aniello, chairman and co-founder, The Carlyle Group.
Eddie Edwards, president
and chief executive officer, CommScope, Inc., was presented with the
2016 Louis V. Gerstner, Jr. Excellence Award by the global alternative asset
manager The Carlyle Group
The award was given to Edwards during The Carlyle
Group’s annual U.S. investor conference in Washington, D.C. The Louis V.
Gerstner, Jr. Excellence Award is presented each year to a CEO who exemplified
outstanding leadership, business acumen and management excellence in leading a
Carlyle portfolio company.
“In receiving this honor, I commend the global
CommScope employee team whose passion for innovation and support for our
customers have led directly to our company’s success,” Edwards said. “I’m also proud of the relationship
CommScope has with Carlyle. With their guidance and support, CommScope
continues to drive innovation in networks and technologies with high-performance,
“The award is not determined solely by statistical
results, but also by the perceived difficulty of the task and the quality of its
execution in taking a company to higher levels of performance,” said Daniel A.
D’Aniello, chairman and co-founder, The Carlyle Group. “Edwards stood out among
many outstanding CEOs. He is first and foremost a leader. His strategic vision,
relentless work ethic, and willingness to make difficult but necessary
decisions have elevated CommScope to become one of the best of its kind in the
Edwards added that he was also proud of all of
CommScope’s accomplishments since the acquisition of TE Connectivity’s Broadband Network
Solutions (BNS) business (telecom, enterprise and wireless) last year.
created a stronger solution platform for supporting customers around the world,”
Edwards said. “The most advanced networks run on CommScope
technology, serving customers in more than 100 nations. We are focused on
delivering connectivity and wireless solutions to solve our customers’ networking
needs anywhere in the world.”
Edwards was named to the company’s top position and to the board
of directors in January 2011, following the completion
of The Carlyle Group’s acquisition of CommScope, making it a private company. Since then, CommScope returned to
being a publicly-traded company following its initial public offering in
Edwards previously served as CommScope’s president and
chief operating officer since January 2010. Before that, he served as executive
vice president of business development and general manager, Wireless Network
Solutions, since December 2007. He previously served as executive vice president
of business development and the chairman of a CommScope wholly owned
subsidiary, Connectivity Solutions Manufacturing, Inc.
Louis V. Gerstner, Jr. is the former chairman and chief executive officer of IBM, and former chairman
and chief executive officer at The
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.
Follow us on Twitter, LinkedIn and Instagram, and like us on Facebook.
Sign up for our press releases and blog posts.
About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative
asset manager with $176 billion of assets under management across 127 funds and
164 fund of funds vehicles as of June 30, 2016. Carlyle’s purpose is to invest
wisely and create value on behalf of its investors, many of whom are public
pensions. Carlyle invests across four segments – Corporate Private Equity, Real
Assets, Global Market Strategies and Investment Solutions – in Africa, Asia,
Australia, Europe, the Middle East, North America and South America. Carlyle
has expertise in various industries, including: aerospace, defense and
government services, consumer and retail, energy, financial services,
healthcare, industrial, real estate, technology & business services,
telecommunications and media and transportation. The Carlyle Group employs more
than 1,650 people in 35 offices across six continents.
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.