Lang brings more than 30 years of
experience in strategic leadership, innovation, and operational
excellence to Anterix
WOODLAND PARK, N.J.,
Oct. 8,
2024 /PRNewswire/ -- Anterix (NASDAQ: ATEX)
today announced the appointment of Scott
Lang as President and Chief Executive Officer effective by
November 1, 2024. Rob Schwartz will be stepping down after a
decade of pioneering leadership and will support Lang and serve as
an advisor to the Board to assist in a successful leadership
transition.
Lang is a highly accomplished and seasoned global executive with
a demonstrated history of innovation, having spent more than 30
years working with major companies at the intersection of
telecommunications and electric utilities. As the former CEO and
Executive Chairman for Silver Spring Networks, Inc., Lang played a
major role in successfully positioning the company as an innovative
leader within the utility sector before selling the company to
Itron in 2018.
"I have never been more optimistic about Anterix's opportunity
and unique position in the industry," said Anterix Executive
Chairman Morgan O'Brien. "The Board
and Anterix extend their deepest gratitude to Rob for his vision
and leadership. Rob led the company to create a new market, in full
collaboration with the utility sector, establishing Anterix as a
technology and thought leader for grid modernization. I'm confident
that Scott Lang has the experience
and leadership needed to help us build on our success."
"I want to thank Rob for his excellent work driving change
within the utility sector and for the success of Anterix," said
Anterix Vice Chairman Tom Kuhn. "As
Scott steps into this new role, I am confident that the company is
in good hands. Scott is widely known throughout the utility sector,
having previously served in various leadership roles at technology
companies, including at Silver Spring Networks, where I worked
closely with him as he guided the development of the utility smart
grid evolution."
"I am thrilled to be joining the Anterix team and steward the
next phase of the company," said Scott
Lang. "I believe the work we did at Silver Spring Networks,
and the technology evolution we enabled, is analogous to the
mission of Anterix. I am eager to roll up my sleeves and jump in to
help drive 900 MHz private wireless broadband throughout the
utility sector."
"I couldn't be prouder of what we as Team Anterix have
accomplished," said Rob Schwartz.
"Our mission has been both meaningful and transformative, enabling
Anterix to positively impact the resiliency, security, and
sustainability of our nation's electric grid. I am excited for the
future of this world-class team and our well-positioned company and
believe that Scott's strong experience will help ensure that
Anterix continues to move forward positively for the benefit of our
customers, partners, and shareholders."
About Anterix
At Anterix, we engage with leading utilities and technology
companies to harness the power of 900 MHz broadband for modernized
grid solutions. Leading an ecosystem of more than 100 members, we
offer utility-first solutions to modernize the grid and solve the
challenges that utilities are facing today. As the largest holder
of licensed spectrum in the 900 MHz band (896-901/935-940 MHz)
throughout the contiguous United
States, plus Alaska,
Hawaii, and Puerto Rico, we are uniquely positioned to
enable private wireless broadband solutions that support
cutting-edge advanced communications capabilities for a cleaner,
safer, and more secure energy future. To learn more and join the
900 MHz movement, please visit www.anterix.com.
Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking statements within the meaning of the federal
securities laws that involve risks and uncertainties.
Forward-looking statements include, without limitation, any
statement that may predict, forecast, indicate or imply future
events or achievements such as statements in this press release
related to Anterix's business or financial results or outlook.
Actual events or results may differ materially from those
contemplated in this press release. Forward-looking statements
speak only as of the date they are made and readers are cautioned
not to put undue reliance on such statements, as they are subject
to a number of risks and uncertainties that could cause Anterix's
actual future results to differ materially from results indicated
in the forward-looking statement. Risks and uncertainties that
could affect Anterix's business or financial results or outlook are
included under the captions, "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in Anterix's most recent filings on Forms 10-K and 10-Q
and in other filings that Anterix makes with the SEC from time to
time. These documents are available on Anterix's website at
www.anterix.com under the Investor Relations section and on the
SEC's website at www.sec.gov. Anterix undertakes no obligation to
update publicly or revise any forward-looking statements contained
herein.
Anterix Contacts
Natasha Vecchiarelli
Vice President, Investor Relations & Corporate
Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com
Paul Gaige
Vice President
Burson
504-957-1434
Paul.Gaige@hillandknowlton.com
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SOURCE Anterix Inc.