Monitronics Appoints New CEO; Haislip Will Serve in Interim Advisory Role

Jeffery Gardner arrives at Monitronics from the telecommunications industry, most recently serving as president and CEO of Windstream Holdings.

ENGLEWOOD, Colo. – Ascent Capital Group (NASDAQ:ASCMA) announced today that Jeffery Gardner has been appointed CEO of Monitronics Int’l, effective Sept. 10. Gardner will succeed Michael Haislip, who is retiring from Monitronics as previously disclosed. Haislip will stay on in an advisory role during a transitionary period.

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“Jeff brings a tremendous skill set as a leader in the telecommunications industry with a focus on relevant financial and operational experiences,” Bill Fitzgerald, Ascent Chairman and CEO, states in a press release. “His understanding of subscriber focused operating businesses, expertise in building companies both organically and through acquisition, and strong financial acumen will significantly benefit the Monitronics business as we capitalize on the growth opportunities we have in front of us.”

Fitzgerald thanked Haislip for his dedication and leadership during a nine-year run as CEO of Monitronics. Fitzgerald assumed the dual titles of president and CEO in 2006 after taking over the reins of the Dallas-based company from its founder, Jim Hull. Prior to that Haislip served as Monitronics’ vice president and COO.

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Gardner brings more than 25 years of experience in the telecommunications industry and has specific expertise in the areas of operations management, strategic development, finance, accounting and
financial reporting. Most recently, he served as president and CEO of Windstream Holdings where he led the acquisition of nine entities since 2006 with a combined value of more than $5 billion.

Gardner formerly served as executive vice president and CFO of Alltel Corp. where he oversaw the company’s financial operations. He spent his early career at 360 Communications, holding various executive positions.

“Monitronics is a unique business, with a high quality subscriber base, a scalable operating platform, and significant opportunities to further grow the customer base and financial profile,” says Gardner. “I look forward to working with its outstanding leadership team to ensure that we continue to build a business that offers shareholders long-term, attractive equity returns.”

Gardner currently serves on the Board of Directors for CalAmp Corp. and Qorvo Corp., where he is also chairman of the audit committee. From 2006 through Feb. 1 of this year he also served on the Board of Directors for Windstream Corp. From 2012-2013, he served as chairman of the United States Telecom Association.

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