Annual Meeting Proposals Pass
ENGLEWOOD, Colo., May 31 /PRNewswire-FirstCall/ -- CSG Systems
International, Inc. (Nasdaq: CSGS), a leading global provider of customer
care and billing solutions, today announced new appointments and changes to
its Board of Directors.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO)
Longtime board member Bernard Reznicek has been named the non-executive
chairman to the Board of Directors, and Don Reed, former CEO Global of Cable &
Wireless, has joined the board. In addition, George Haddix, previous board
member, has stepped down from the board.
Reznicek joined CSG's board in 1997 and chairs the Audit committee. In
addition, Reznicek served on the Nominating and Corporate Governance and
Compensation committees. He has over 40 years of experience in the electric
utility industry having served as Chairman, President and Chief Executive
Officer of Boston Edison Company and President and Chief Executive Officer of
Omaha Public Power District. Reznicek currently serves on the boards of Pulte
Homes and Central States Indemnity Company of Omaha, a Berkshire Hathaway
company.
Reed is a 30-plus year telecommunications veteran having held several
senior management positions with Cable & Wireless and NYNEX. As CEO Global of
Cable & Wireless, Reed was responsible for the day-to-day business operations
of Cable & Wireless in the United States, United Kingdom, Continental Europe
and Japan. During Reed's tenure with NYNEX, he held a number of positions
including President and Group Executive, Executive Vice President of External
Affairs and Corporate Communications, President and Chief Executive Officer of
NYNEX New England and others. In between his positions at NYNEX and Cable &
Wireless, Reed served as CEO of Cabletron Systems, then the third-largest US
producer of networking equipment.
Haddix has served on CSG's board since 1994 and was part of the original
group of investors that led the leveraged buy-out (LBO) of CSG Systems from
First Data Corporation in 1994. After the LBO, he served as President through
1997. His term was set to expire in 2006.
In other news, at the company's annual meeting held last Friday, Bernard
Reznicek and Donald Smith were elected to terms that run through 2008 and the
proposed 2005 Stock Incentive Plan passed.
About CSG Systems International
Headquartered in Englewood, Colorado, CSG Systems International
(Nasdaq: CSGS) is a leader in next-generation billing and customer care
solutions for the cable television, direct broadcast satellite, advanced IP
services, next generation mobile, and fixed wireline markets. CSG's unique
combination of proven and future-ready solutions, delivered in both outsourced
and licensed formats, empowers its clients to deliver unparalleled customer
service, improve operational efficiencies and rapidly bring new
revenue-generating products to market. CSG is an S&P Midcap 400 company. For
more information, visit CSG's Web site at http://www.csgsystems.com.
SOURCE CSG Systems International, Inc.
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Related links:
http://www.csgsystems.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Liz Bauer, Senior Vice President of CSG
Systems International, Inc., +1-303-804-4065,
liz_bauer@csgsystems.com
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