Teresa Rosenberger, FairPoint's (Nasdaq: FRP) New Hampshire regional president, has stepped down from her post. Rosenberger was just shy of two years into her tenure as the president, a role which she served in since January 2010.
Following her departure from FairPoint, Rosenberger will return to work at her former employer Devine Millimet, a Manchester law firm, where she led govermental relations and regulatory affairs before becoming president of the ILEC's New Hampshire region.
"Teresa has been a valued leader in the company and we will miss the passion and commitment to excellence that have been the hallmarks of her position as New Hampshire state president," says Peter Nixon, executive vice president of external affairs & operational support at FairPoint in a statement.
While wireline-based voice services continue to decline, New Hampshire was the hardest hit in FairPoint's New England region, falling to 236,600 subscribers in August. Ongoing wireline voice losses prompted the company to lay off 400 employees, 190 of whom are in New Hampshire.
Pat McHugh, vice president and assistant general counsel, will serve as the New Hampshire region's interim president until the ILEC finds a permanent replacement.
- New Hampshire Union Leader has this article
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