“As Lumen transforms to serve the digital networking needs of our enterprise customers, Michelle and Steve’s expertise will be invaluable to our board and our business,” said Kate Johnson, Lumen's president and CEO. “Michelle's experience scaling businesses through critical phases of innovation and expansion will support our innovation agenda, while Steve’s leadership in cloud, data, and global services directly aligns with the capabilities we’re building to lead in a multi-cloud, AI-first world. Their combined insights will help shape our strategy, accelerate our transformation, and unlock new growth opportunities.”

Michelle J. Goldberg brings over 20 years of experience in early-stage technology, finance, and board governance. She served as a Partner at venture capital firm Ignition Partners and currently sits on the boards of both Bakkt Holdings and Ally Financial, previously having held board roles at Legg Mason, Taubman Centers, and Plum Creek Timber. Her expertise and guidance in early-stage technology startups has helped scale businesses through critical phases of innovation and expansion. Michelle holds a BA from Columbia University and an MA from Harvard University.

Steve McMillan is a seasoned executive in global enterprise technology strategy, data analytics and big data. Since 2020, he has served as President and CEO of Teradata Corporation. His previous leadership roles at F5, Oracle, and IBM specialized in security, cloud management, and managed services—making him a key voice in modernizing technology platforms for customer success. Steve earned a First-Class Honours degree in Management and Computer Science from Aston University in Birmingham, England.

The company also announced the retirement of Peter C. Brown, Steven T. “Terry” Clontz and Laurie Siegel from its Board of Directors at the annual shareholder meeting. The company’s board count is now 11.

“I want to express my deepest thanks to Peter, Terry, and Laurie for their exceptional leadership and service to Lumen,” added Johnson. “Their counsel was critical as we began our transformation, and their contributions helped position Lumen for the future we’re building now.”

A full list of Lumen's board of directors is available online.

About Lumen Technologies

Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.

Forward-Looking Statements

This release includes forward-looking statements (as defined by the federal securities laws), which are subject to the "safe harbor" protections thereunder. These forward-looking statements are not guarantees of future results and are based on current expectations only, are inherently speculative, and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. Actual events and results may differ materially from those anticipated, estimated, projected or implied by us in those statements. Factors that could affect actual results include, but are not limited to, each of the matters and risks referenced from time to time in our filings with the U.S. Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements for any reason, which speak only as of the date made.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250515926693/en/

The Lumen Technologies Stock at the time of publication of the news with a raise of +0,48 % to 3,874EUR on Tradegate stock exchange (15. Mai 2025, 12:05 Uhr).