DENVER–(BUSINESS WIRE)–CSG ® (NASDAQ: CSGS) right this moment introduced as a part of the Board of Administrators’ long-term succession planning course of that Ron Cooper, the present Board Chair, will step down from the function on the finish of his time period on Could 14, 2025. Marwan Fawaz, a present board member and business veteran, has been chosen by the Board to succeed Mr. Cooper as Chair following the Could 2025 Annual Shareholders Assembly.
Mr. Fawaz has served as a CSG Board Member since 2016. A 25+ yr know-how, media and telecommunications business veteran, he served as Government Advisor at Google and Alphabet (NASDAQ:), was the CEO at Nest and Google/Motorola Residence and served in govt positions at Constitution Communications (NASDAQ:), Adelphia Communications and MediaOne. Moreover, Mr. Fawaz serves on the board of NRG Vitality (NYSE: NYSE:) and Ubicquia Integrated.
CSG is targeted on strengthening and remodeling each side of our firm with breakthrough innovation, larger buyer worth, and far sooner income development, revenue acceleration, and business vertical diversification, stated Mr. Fawaz. The progress made throughout Ron’s Board Chair management has been incredible, and I’m honored to assist construct on CSG’s wealthy historical past of delivering probably the most value-adding know-how options to {the marketplace}. We are going to proceed to carry ourselves to the very best requirements of integrity, impression, and excellence as we turbocharge CSG’s strategic development.
Since becoming a member of the CSG Board of Administrators in 2006, Mr. Cooper has overseen the corporate’s profitable income development from roughly $380 million in annual income to just about $1.2 billion in 2023. Additional, Mr. Cooper has been instrumental in furthering a board tradition of variety and continued refreshment to make sure board member abilities and expertise align with the corporate’s future strategic route.
I could not be prouder of the substantial development CSG has skilled in my almost 20 years of involvement with the corporate, stated Mr. Cooper. With this easy management transition in place, I do know CSG has the proper board, management staff, and international worker base to realize even larger heights within the years to come back.
About CSG
CSG empowers corporations to construct unforgettable experiences, making it simpler for folks and companies to attach with, use and pay for the providers they worth most. Our buyer expertise, billing and funds options assist corporations of any measurement earn money and make a distinction. With our SaaS options, firm leaders can take management of their future and faucet into steerage alongside the way in which from our fiercely dedicated and forward-thinking CSGers all over the world.
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John Rea
VP, Head of Investor Relations, Treasury, Insurance coverage and ESG Reporting
+1 (210) 687-4409
john.rea@csgi.com
Davis Barker
Sr. Supervisor, Investor Relations & Company Growth
+1 (303) 884-4506
davis.barker@csgi.com
Supply: CSG