Lumen Technologies Adds New Directors, Loses One Board Member
Ticker: LUMN · Form: 8-K · Filed: May 6, 2024 · CIK: 18926
Sentiment: neutral
Topics: board-changes, governance
TL;DR
Lumen board shakeup: Lee out, Johnson & Peterson in. New blood for the telco.
AI Summary
Lumen Technologies, Inc. announced the departure of board member, Robert M. E. Lee, effective May 1, 2024. The company also announced the election of two new directors, David R. Johnson and Scott W. Peterson, to its board, also effective May 1, 2024. These changes are part of the company's ongoing efforts to enhance its board composition.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine board changes and does not involve significant financial transactions or operational shifts.
Key Players & Entities
- Lumen Technologies, Inc. (company) — Filer
- Robert M. E. Lee (person) — Departing Board Member
- David R. Johnson (person) — Newly Elected Board Member
- Scott W. Peterson (person) — Newly Elected Board Member
- May 1, 2024 (date) — Effective date of changes
- Level 3 Parent, LLC (company) — Related Entity
FAQ
Who has departed from the Lumen Technologies board of directors?
Robert M. E. Lee has departed from the Lumen Technologies board of directors, with his departure effective May 1, 2024.
Who are the new directors elected to the Lumen Technologies board?
David R. Johnson and Scott W. Peterson have been elected as new directors to the Lumen Technologies board, effective May 1, 2024.
When were the board changes effective?
The departure of Robert M. E. Lee and the election of David R. Johnson and Scott W. Peterson were all effective as of May 1, 2024.
What is the primary business of Lumen Technologies, Inc.?
Lumen Technologies, Inc. is in the business of TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE).
What is the Central Index Key for Lumen Technologies, Inc.?
The Central Index Key for Lumen Technologies, Inc. is 0000018926.
Filing Stats: 1,078 words · 4 min read · ~4 pages · Grade level 11.1 · Accepted 2024-05-06 16:29:05
Key Financial Figures
- $1.00 — umen Technologies, Inc. Common Stock, $1.00 par value per share LUMN New York S
Filing Documents
- d835783d8k.htm (8-K) — 55KB
- d835783dex991.htm (EX-99.1) — 6KB
- g835783g0506201418756.jpg (GRAPHIC) — 3KB
- 0001193125-24-131970.txt ( ) — 265KB
- lumn-20240501.xsd (EX-101.SCH) — 5KB
- lumn-20240501_cal.xml (EX-101.CAL) — 1KB
- lumn-20240501_def.xml (EX-101.DEF) — 16KB
- lumn-20240501_lab.xml (EX-101.LAB) — 25KB
- lumn-20240501_pre.xml (EX-101.PRE) — 16KB
- d835783d8k_htm.xml (XML) — 13KB
Forward Looking Statements
Forward Looking Statements Except for the historical and factual information contained herein, the matters set forth in this Current Report on Form 8-K, including Item8.01 Other Events. The Company issued a press release dated May 6, 2024, announcing the appointment of Mr. Chad Ho as its new chief legal officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01. Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) The following exhibits are furnished with this Current Report on Form 8-K: Exhibit No. Description 99.1 Press release dated May 6, 2024, titled "Lumen Appoints Chad Ho as Executive Vice President and Chief Legal Officer." 104 Cover page formatted as Inline XBRL and contained in Exhibit 101. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Lumen Technologies, Inc., Level 3 Parent, LLC, and Qwest Corporation have duly caused this Current Report on Form 8-K to be signed on their behalf by the undersigned officer hereunto duly authorized. LUMEN TECHNOLOGIES, INC. Dated: May 6, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary LEVEL 3 PARENT, LLC Dated: May 6, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary QWEST CORPORATION Dated: May 6, 2024 By: /s/ Stacey W. Goff Stacey W. Goff Executive Vice President, General Counsel and Secretary 2