Telephone and Data Systems, Inc. Announces Management Changes
December 09, 2021 at 10:04 pm
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Telephone and Data Systems, Inc. announced a series of planned finance leadership transitions expected to take place through May 2022. Peter L. Sereda, currently Executive Vice President plans to retire in May 2022 and will be replaced by Vicki L. Villacrez, currently Senior Vice President Finance and Chief Financial Officer of TDS Telecom. Villacrez was named Vice President Finance and CFO at TDS Telecom in May of 2012 and was promoted to Senior Vice President in 2017. She has been with the company for three decades, having first joined parent company TDS, Inc. in 1989, serving as an internal auditor. Before moving into her current role, she held multiple leadership positions with growing responsibility across finance. Villacrez works with numerous stakeholders, including the TDS Board of Directors, Audit Committee, investors, buy and sell analysts, news/industry reporters, and rating agencies.
Telephone and Data Systems, Inc. is a diversified telecommunications company. It provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom and OneNeck IT Solutions. Its segments include UScellular and TDS Telecom. TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things devices. UScellular also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics such as audio, home automation and networking products. TDS Telecom owns, operates and invests in quality networks, services and products in a mix of small to mid-sized urban, suburban and rural communities throughout the United States. TDS Telecom provides a range of broadband, video, and voice communications.