CSG Announces Board of Directors’ Chair Transition
22 Janvier 2025 - 2:19AM
Business Wire
CSG® (NASDAQ: CSGS) today announced as part of the Board of
Directors’ long-term succession planning process that Ron Cooper,
the current Board Chair, will step down from the role at the end of
his term on May 14, 2025. Marwan Fawaz, a current board member and
industry veteran, has been selected by the Board to succeed Mr.
Cooper as Chair following the May 2025 Annual Shareholders
Meeting.
Mr. Fawaz has served as a CSG Board Member since 2016. A 25+
year technology, media and telecommunications industry veteran, he
served as Executive Advisor at Google and Alphabet, was the CEO at
Nest and Google/Motorola Home and served in executive positions at
Charter Communications, Adelphia Communications and MediaOne.
Additionally, Mr. Fawaz serves on the board of NRG Energy (NYSE:
NRG) and Ubicquia Incorporated.
“CSG is focused on strengthening and transforming every aspect
of our company with breakthrough innovation, greater customer
value, and much faster revenue growth, profit acceleration, and
industry vertical diversification,” said Mr. Fawaz. “The progress
made during Ron’s Board Chair leadership has been fantastic, and I
am honored to help build on CSG’s rich history of delivering the
most value-adding technology solutions to the marketplace. We will
continue to hold ourselves to the highest standards of integrity,
impact, and excellence as we turbocharge CSG’s strategic
growth.”
Since joining the CSG Board of Directors in 2006, Mr. Cooper has
overseen the company’s successful revenue growth from approximately
$380 million in annual revenue to nearly $1.2 billion in 2023.
Further, Mr. Cooper has been instrumental in furthering a board
culture of diversity and continued refreshment to ensure board
member skills and experience align with the company’s future
strategic direction.
“I couldn’t be prouder of the substantial growth CSG has
experienced in my nearly 20 years of involvement with the company,”
said Mr. Cooper. “With this smooth leadership transition in place,
I know CSG has the right board, leadership team, and global
employee base to achieve even greater heights in the years to
come.”
About CSG
CSG empowers companies to build unforgettable experiences,
making it easier for people and businesses to connect with, use and
pay for the services they value most. Our customer experience,
billing and payments solutions help companies of any size make
money and make a difference. With our SaaS solutions, company
leaders can take control of their future and tap into guidance
along the way from our fiercely committed and forward-thinking
CSGers around the world.
Want to be future-ready and a change-maker like the global
brands that trust CSG? Visit csgi.com to learn more.
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version on businesswire.com: https://www.businesswire.com/news/home/20250121796339/en/
John Rea VP, Head of Investor Relations, Treasury, Insurance and
ESG Reporting +1 (210) 687-4409 john.rea@csgi.com Davis Barker Sr.
Manager, Investor Relations & Corporate Development +1 (303)
884-4506 davis.barker@csgi.com
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