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CED Announces Maggie Wilderotter As Next Co-Chair

Wilderotter Joins in May

WASHINGTON, Jan. 14, 2014 /PRNewswire-USNewswire/ -- The Committee for Economic Development (CED) is pleased to announce that Maggie Wilderotter, Chairman and CEO of Frontier Communications Corporation (NASDAQ: FTR), will become the new Co-Chair of CED effective May 1, 2014. Mrs. Wilderotter will succeed Roger Ferguson, President & CEO of TIAA-CREF, who is completing his three-year term as CED's Co-Chair in May.  She will join Carl Camden, President & CEO of Kelly Services, in the joint role of Chair for CED.

(Logo: http://photos.prnewswire.com/prnh/20131212/MM32978LOGO)

"Maggie is a true powerhouse in the business community," said Steve Odland, CEO for CED. "The strength of CED comes from our terrific business Trustees with their varied backgrounds and focus on advocating for policy in the nation's interest.  Maggie's leadership in the communications services industry and also on important policy areas will undoubtedly bring another layer of dimension and depth to our work and impact."

"CED's ability to bring together business and academic leaders to find policy solutions without the constraints of partisanship is one I respect and admire," said Mrs. Wilderotter. "Our economy faces significant challenges that extend beyond the budget, but I remain confident that we can do better and be better.  Americans want and deserve an economy and a government they can trust and rely upon. I believe CED can play a strong role in making that a reality, and I look forward to helping shepherd CED's work." 

"We extend sincere thanks to Roger Ferguson for his years of leadership at CED," said Carl Camden, President & CEO of Kelly Services. "Roger's vast experience in both government and the financial services sector provided for wise and varied counsel for the organization. We look forward to his continued impact as a Trustee."

Mrs. Wilderotter has been at the helm of Frontier Communications since 2004, and previously held leadership roles with Microsoft, AT&T Wireless Services, and McCaw Cellular Communications Inc.

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