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USTelecom CEO Walter McCormick to step down by the end of 2016

Walter McCormick says board should hire someone for at least a four-year commitment Walter McCormick plans to resign as CEO of USTelecom by the end of 2016, after more than 15 years of leading the association for broadband service providers. In a letter to the board of directors, he asked to make 2016 a year of succession planning, with the aim of a new top executive starting in January 2017. "To all things there is a season, and I believe that with the election of a new U.S. President, the association would best be served by the hiring of a new executive who is prepared to make a commitment of four years or longer to representing the industry and leading it forward,"… Read More