NII Holdings taps chairman for interim CEO
Dec 14, 2012 (TELECOMWORLDWIRE via COMTEX) --
The NII Holdings, Inc. (NASDAQ: NIHD) board of directors has appointed Steven M. Shindler, currently chairman of the board, to the additional position of interim chief executive officer, effective immediately.
Shindler, who was the company's CEO from 2000-2008, will serve as interim CEO while the board conducts a search for a permanent chief executive. Shindler replaces Steven P. Dussek, who has stepped down as CEO and a member of the board to pursue other opportunities.
Shindler has served as chairman of NII Holdings since 2000 and was the company's CEO from 2000 to 2008. He served as chief financial officer of Nextel Communications from 1996 to 2000. Earlier, from 1987 to 1996, Shindler was Managing director of Toronto-Dominion Bank, where he raised capital for wireless companies.
NII Holdings will provide more detail on the company's strategy when it presents its fourth-quarter and full-year 2012 earnings results in February 2013.
NII Holdings is a provider of differentiated mobile communication services for businesses and high value consumers in Latin America. NII Holdings, operating under the Nextel brand in Brazil, Mexico, Argentina, Peru and Chile, offers fully integrated wireless communications tools with digital cellular voice services, data services, wireless Internet access and Nextel Direct Connect and International Direct ConnectSM, a digital two-way radio. Visit the company's website at www.nii.com.
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