Lumen Technologies Taps Chris Stansbury to Lead Finance Operations as CFO; CEO Jeff Storey Quoted

Chris Stansbury, a previous Arrow Electronics govt, has been chosen as chief economic officer of Lumen Technologies.

In his new part, helpful April 4th, Stansbury will oversee and direct Lumen’s belongings and economic operations, the Monroe, Louisiana-dependent facts technological know-how company explained Monday.

Jeff Storey, president and CEO of Lumen, shared that Stansbury will assist to increase the company’s income and push growth after the organization has lately shut two noteworthy divestitures.

“It is a natural time for us to find the chief greatest positioned to accomplish our objectives. Chris’ leadership and economical acumen deliver a special skill established to our organization as we scale the Lumen System and our Quantum Fiber construct, both of those crucial motorists of our return to progress,” Storey added.

At Lumen, Stansbury will leverage more than three a long time of practical experience in senior-level finance roles at substantial companies. He put in virtually 20 many years of this time doing the job for beverage firms, with nearly six years at Seagram, in which his time culminated as profits finance director of Tropicana solutions.

Stansbury then labored at PepsiCo and subsequently transitioned to the IT marketplace with four decades at Hewlett Packard. In the latter group, he rose the ranks from vice president of finance in the PSG finance throughout the world operations division to CFO of the company’s worldwide networking small business. He was in cost of the branch’s planning, forecasting and reporting, as perfectly as a participant in financial investment method.

Prior to coming to Lumen, Stansbury was senior vice president and chief monetary officer of Arrow Electronics, a organization focused on rising systems and design engineering, amongst other expert services.

“This is an critical time in Lumen’s transformation, and I glance ahead to carry on creating on the great operate the group has underway,” remarked Stansbury. “Lumen has a potent economical foundation and important possibilities for price creation.”

Stansbury succeeds Neel Dev in the new position.