CommScope introduces new president and CEO
Eddie Edwards, president and chief executive officer at CommScope has stepped down after 15 years of service.
Succeeding Edwards is Charles 'Chuck' Treadway, who has been appointed as president, chief executive officer and a member of the CommScope board of directors.
Treadway brings to CommScope significant strategic, operational and go-to-market expertise. He has served 17 of the last 20 years as CEO of global businesses located in the U.S., China, and Latin America. Most recently he served as CEO of Accudyne Industries, where he drove significant revenue growth and margin expansion with strategic focus, product innovation, improved sales and marketing efforts, and disciplined execution.
The company also announced that Frank M. Drendel, in recognition of his unique status and distinguished service to CommScope, has been named chairman emeritus. Drendel founded CommScope in 1976 and has served continuously as its CEO and/or chairman of the board since. He has helped to advance the evolution of CommScope from a small coaxial cable business established at his kitchen table into a diversified, global communications infrastructure business. Drendel will remain on the board and is succeeded as chairman by Bud Watts. Watts has a long history of service to CommScope, most recently as the b oard’s lead independent director.
‘We are pleased to welcome Chuck to CommScope,’ said Watts. ‘Chuck is a tested and proven leader who brings extensive global business experience and strong strategic, operational, and go-to-market acumen to CommScope. On behalf of the board and entire management team, I want to sincerely thank Eddie for his many years of dedicated service to CommScope. As CEO over the last decade, he has reshaped the company’s portfolio, enhanced our reach into growing markets, and driven the introduction of industry-leading technologies that position the company squarely at the center of the 5G revolution.’
Edwards added: ‘It has been my great privilege to serve as CommScope’s CEO and to work with such an incredibly talented team to advance our mission of serving customers in developing the most advanced networks in the world. I expect the company will continue to advance under Chuck’s leadership, and I look forward to the company’s future successes.’
Drendel commented: ‘Since founding CommScope nearly 45 years ago, we have worked as a team to continuously adapt to the dynamic communications landscape while staying true to our purpose, vision and values. Eddie has played a significant role at CommScope, and we are grateful for his dedication and guidance over the years. I’ve seen this business and industry evolve over the last few decades, and I’m confident that under Chuck’s leadership, the best is yet to come.’
Treadway concluded: ‘I’m excited to join CommScope, a company with a legacy of innovation and industry leadership. I have great respect for all that CommScope has accomplished throughout its rich history, and for the team’s relentless focus on delivering for customers while aggressively managing its cost structure during these recent challenging times. The Covid-19 pandemic has highlighted the importance of reliable network connectivity, and the need for products and services that will continue to push the boundaries of reliability, efficiency and collaboration for customers around the world. I look forward to working alongside the entire CommScope team to drive growth, operational excellence, and value for all our stakeholders.’