Anterix Appoints Mahvash Yazdi to Board of Directors

Rhea-AI Summary

Anterix Inc. (NASDAQ: ATEX) has appointed Mahvash Yazdi to its Board of Directors, effective February 18, 2021. Yazdi brings over 40 years of experience in the utility sector, information technology, and telecommunications, serving as the former senior vice president and CIO of Edison International. Her expertise includes cyber security and business transformation. Anterix Chairman Morgan O'Brien expressed confidence that Yazdi's background aligns perfectly with the company’s mission to provide private LTE communications networks amid grid modernization efforts in the utility sector.

Positive

• Mahvash Yazdi's extensive experience in utility sector and technology may provide valuable insights and strategic direction.
• Her previous roles in cybersecurity and telecommunications align with Anterix's focus on modernizing utility infrastructure.

Negative

• Transitioning to new board leadership may pose continuity challenges in strategic initiatives.
• Potential experience gaps if there are differences in the new board's vision and existing strategies.

WOODLAND PARK, N.J., Feb. 23, 2021 /PRNewswire/ -- Anterix Inc., (NASDAQ: ATEX), today announced the appointment of Ms. Mahvash Yazdi to its Board of Directors as an Independent Director, effective February 18, 2021. 

Yazdi brings a broad range of experiences to the Anterix Board within the utility sector, information technology, telecommunications and beyond. With more than 40 years of experience, Yazdi is a nationally recognized expert in corporate information technology and has served on the boards of multiple technology companies. She currently is the president of Feasible Management Consulting, a strategy consulting firm specializing in energy, innovation, technology, and telecommunication.  She is the former senior vice president of business integration and chief information officer of Edison International and Southern California Edison. She was also the co-chair of the EEI CIO advisory council, where she led industry activities in cyber security, telecommunication, and privacy challenges. Prior to that, Yazdi held various roles at Hughes Electronics, and was appointed the vice president, CIO, and a member of the aerospace and defense executive committee engaged in business transformation and M&A activities.

"We are pleased to add Mahvash to the Anterix Board," said Anterix Chairman Morgan O'Brien.  "Her experience with emerging technology in the energy sector is a perfect complement to Anterix's mission of providing private LTE communications networks as part of the digital transformation currently taking place through the utility sector's grid modernization efforts."

Ms. Yazdi serves as a member of the board of NorthWestern Corporation, where she is the chair of its compensation committee.  She is also serving as an advisor to H.I.G Capital, Infosys Corporation and Energy Capital Ventures.

"I'm excited to join the Board of Directors of Anterix during this transformative time for the company and the utility sector," said Yazdi.  "As Anterix continues to build momentum, I look forward to helping bring the benefits of private LTE to the utility space."

Yazdi holds a Master of Business Administration from the University of Southern California and a Bachelor of Science in Industrial Management from California State Polytechnic University, Pomona.  Yazdi is certified by NACD as a corporate director, and governance fellow.

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About Anterix

At Anterix, we are focused on delivering transformative broadband that enables the modernization of critical infrastructure for the energy, transportation, logistics and other sectors of our economy. As the largest holder of licensed spectrum in the 900 MHz band, with nationwide coverage throughout the contiguous United States, Hawaii, Alaska and Puerto Rico, we are uniquely positioned to enable the private LTE broadband solutions that support secure, resilient and customer-controlled operations. 

Contacts

Natasha Vecchiarelli
Director, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com

James Fuller
Executive Vice President
Hill+Knowlton Strategies
240-393-1369
James.Fuller@hkstrategies.com

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SOURCE Anterix Inc.

FAQ

Who is Mahvash Yazdi and what is her role at Anterix?

Mahvash Yazdi has been appointed as an Independent Director on Anterix's Board, effective February 18, 2021.

What experience does Mahvash Yazdi bring to Anterix?

Yazdi has over 40 years of experience in the utility sector, IT, and telecommunications, including leadership roles in major companies.

How might Yazdi's appointment impact Anterix's strategy?

Her expertise in emerging technology and cybersecurity may enhance Anterix's strategy in private LTE communications for utilities.

When was the announcement made regarding Yazdi's appointment?

The announcement was made on February 23, 2021.

What is Anterix's mission in the utility sector?

Anterix aims to provide private LTE communications networks that support the digital transformation and modernization of utility infrastructure.