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FTR > SEC Filings for FTR > Form 8-K on 6-Jan-2014All Recent SEC Filings




Change in Directors or Principal Officers, Financial Statements and

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Jennifer Lem has been appointed to the position of Senior Vice President and Controller of Frontier Communications Corporation (the "Company") and will serve as the Company's designated chief accounting officer, effective January 6, 2014.

Ms. Lem, 53, was Assistant Corporate Controller at International Flavors and Fragrances Corporation from 2011 to July 2012. From 2005 to 2011, she was Assistant Corporate Controller at Loews Corporation. Before joining Loews, Ms. Lem held various positions with HLTH Corporation, Onsite Access Inc., Meldisco, The Perrier Group of America, PepsiCo Inc., Primerica Corporation and was a Senior Accountant with Ernst & Young LLP (then Ernst & Whinney). Ms. Lem is a certified public accountant. She has no family relationship to any other director or executive officer of the Company.

The information set forth in the press release issued by Frontier Communications Corporation on January 6, 2014, attached hereto as Exhibit 99.1, is incorporated herein by reference.

On December 16, 2014, the Company entered into an employment arrangement with Ms. Lem pursuant to which she will receive an annual base salary of $240,000, an annual incentive target of 50% of base salary and long-term incentive compensation in the form of annual awards of (i) restricted stock and (ii) performance shares under the Company's Long-Term Incentive Plan, in each case in amounts determined each year by the Compensation Committee of the Board of Directors. In addition, Ms. Lem will receive a sign-on grant of 10,000 restricted shares and a sign-on cash bonus of $5,000.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

10.1 Press Release of Frontier Communications Corporation released on January 6, 2014 announcing appointment of Jennifer Lem as Senior Vice President and Controller of the Company.

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