14 Jan Lightpath Appoints Chris Morley as Chief Executive Officer
Lightpath additionally announces Doug Dalissandro as chief revenue officer and David Mayer as chief strategy officer
NEW YORK–(BUSINESS WIRE)–Lightpath, the fiber-based bandwidth technology company delivering advanced connectivity services to enterprise and wholesale customers across the greater New York Metropolitan area, today announces the appointment of Chris Morley as chief executive officer, effective immediately. Morley joins Lightpath following the recent announcement of Morgan Stanley Infrastructure Partners (MSIP) acquiring 49.99% of the Company from Altice USA, with Altice USA maintaining 50.01% controlling interest in Lightpath.
Morley has more than 20 years of experience in the communications infrastructure and telecommunications industry, most recently serving as senior operating advisor for Stonepeak Infrastructure Partners. Prior to that, Morley spent nearly a decade at Zayo Group, a leading communications infrastructure provider in the US, Canada and western Europe, where he served in various roles of increasing responsibility including most recently as chief operating officer, leading the company’s fiber infrastructure, data center, enterprise networks, and transport service business segments.
Morley will be joined on the Lightpath leadership team by two well-respected industry executives in Chief Revenue Officer Doug Dalissandro, formerly the chief revenue officer for Lightower Fiber Networks, and Chief Strategy Officer David Mayer, formerly the general counsel and executive vice president of business development for Lightower.
“Chris is a talented leader within the commercial communications industry with a proven track record of delivering exceptional value and results, and both Altice USA and MSIP are pleased to have him onboard to lead Lightpath as we embark on this new partnership,” said Dexter Goei, chief executive officer, Altice USA. “I am confident that Chris, along with Doug and David, have the experience needed to help Lightpath realize its full potential as one of the leading enterprise and wholesale connectivity providers in the nation.”
“Chris is an extremely talented communications infrastructure executive with deep experience in the space. His strong record of value creation and fostering cultures of excellence, both operationally and commercially, will be a tremendous asset to Lightpath as we, along with our partner Altice USA, strive to grow the business and provide best in class connectivity services to our customers. We are thrilled for Chris to assume the role of CEO and believe he, along with two outstanding executives in Doug and Dave, will best position Lightpath to realize its full potential,” said John Watson, executive director at Morgan Stanley Infrastructure Partners.
“Lightpath has a rich and successful history of providing advanced communications services in the greater New York metropolitan area, and I’m excited to partner with Altice USA and MSIP to invest in and grow the business,” said Morley. “Leveraging our shared experiences from Lightpath, Lightower and Zayo, coupled with the extensiveness of the Company’s fiber infrastructure network create a unique and relevant platform to the benefit and enablement of our customers.”
Lightpath is a fiber-based bandwidth technology platform enabling businesses in the greater New York Metropolitan region to innovate on emerging systems-based applications. Delivering advanced broadband, voice, security, and managed services with 100% fiber optic network connectivity, Lightpath powers businesses to meet their customers’ evolving needs. As of September 30, 2020, Lightpath’s extensive and deep fiber network powered 11,700 connected buildings across more than 18,600 route miles, including owned and Altice USA route miles.
Investor RelationsNick Brown: +1 917 589 9983 / [email protected] Yao: +1 347 668 8001 / [email protected]
CommunicationsJanet Meahan: +1 516 519 2353 / [email protected]