FairPoint Communications 2010 Annual Report Download - page 136

Table of Contents
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Our board of directors currently consists of eight directors. Paul H. Sunu was appointed as our Chief Executive Officer and a member of our board of
directors effective August 24, 2010. The remaining seven members of our board of directors were appointed in accordance with the Plan on the Effective Date.
On the Effective Date, Edward D. Horowitz was appointed as the Chairman of our board of directors.
As of December 31, 2010, our board of directors consisted of five directors. David L. Hauser served as our Chief Executive Officer and Chairman of our
board of directors until his resignation effective August 24, 2010. At that time, Jane E. Newman was appointed as Chairman of our board of directors.
Mr. Hauser’s resignation reduced our board of directors from six members to five members.
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The board of directors considered transactions and relationships between each director or any member of his or her immediate family and the Company
and its subsidiaries and affiliates. Our board of directors has determined that, other than Paul H. Sunu, all of our directors are independent under the criteria
for independence set forth in the listing standards of the NASDAQ, and accordingly are independent directors with no material relationship to the Company
other than being a director or stockholder of FairPoint Communications.
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The following sets forth selected biographical information for our directors.
Edward D. Horowitz - Chairman of the Board of Directors — Mr. Horowitz currently serves as the chairman of EdsLink LLC, a New York City
based venture capital firm, which he founded in 2000. Mr. Horowitz served as president and chief executive officer, SES—Americom, a communications
satellite operator, and as a member of the executive committee of its parent company, SES (SESG, Lux.) from 2005 to 2008. Before founding EdsLink LLC,
Mr. Horowitz was executive vice president of Advanced Development at Citigroup from 1997 through 2000 and was the founder and chairman of e-Citi. Prior
to joining Citigroup, from 1989 to 1997, Mr. Horowitz was a senior vice president of Viacom Inc. and a member of the operating committee. Mr. Horowitz
serves as a director of On Line Resources Corporation (NASDAQ: ORCC), the Kenan Institute of Ethics at Duke University and is a trustee of the New York
Hall of Science. He received a Bachelor of Science degree in physics from the City College of New York and a Master of Business Administration degree from
the Columbia University School of Business.
Todd W. Arden — Mr. Arden joined Angelo, Gordon & Co. in 2000, and is currently a managing director in its distressed securities group. Prior to joining
Angelo, Gordon, Mr. Arden served as a portfolio manager/analyst within AIG SunAmerica Inc.’s high yield group from 1998 to 2000. Previously, he was a
senior equity analyst at Troubh Partners from 1995 to 1997. Mr. Arden began his career as a manager in Arthur Andersen LLP’s financial consulting
services practice from 1989 to 1995, concentrating in the distressed/litigation support area. Arden is a chartered financial analyst and holds a Bachelor of
Arts degree from Northwestern University and a Master of Business Administration degree from the Columbia University School of Business.
Dennis J. Austin - Mr. Austin has served as an independent telecommunications consultant since 2002. Mr. Austin previously served as a consultant at
BearingPoint, formerly KPMG Consulting and formerly KPMG LLP, from 1995 to 2002, and as vice
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