Lumen Technologies (NYSE: LUMN) has appointed Chris Capossela, the former Executive Vice President and Chief Marketing Officer of Microsoft, to its board of directors, effective immediately. Capossela brings over 30 years of experience in the technology industry and is expected to provide valuable insights as Lumen continues to establish itself as the trusted network for AI.
Under Capossela's leadership, Microsoft's worldwide marketing activities, including product marketing, business planning, digital direct sales, and retail partner sales, were overseen. His expertise is anticipated to aid Lumen in shaping its brand and go-to-market strategies.
Capossela's appointment increases the company's board count from 11 to 12. Lumen's CEO, Kate Johnson, expressed confidence in Capossela's ability to understand customers' needs in the digital economy and leverage that understanding to drive business growth.
Lumen Technologies aims to harness the world's digital potential by facilitating business growth through rapid, secure, and seamless connections among people, data, and applications. As the trusted network for AI, Lumen leverages its network scale to help companies realize the full potential of AI across various capabilities, including metro connectivity, long-haul data transport, edge cloud, security, managed services, and digital platforms.
The addition of Chris Capossela to the board underscores Lumen's commitment to leveraging industry expertise to drive its strategic vision and enhance its position as a key player in the technology and networking space. Today the company's shares have moved 2.3% to a price of $6.55. For more information, read the company's full 8-K submission here.
