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Ms. Larissa Herda took the helm of Time Warner Telecom Inc., as President and CEO, on June 22, 1998. She was elected Chairman of the Time Warner Telecom Inc. Board of Directors effective June 7, 2001, and currently holds the title of Chairman, President and CEO. Ms. Herda served as the company’s Senior Vice President of Sales and Marketing from March 1, 1997 to her appointment as chief executive.
Within weeks of Ms. Herda becoming President and CEO, Time Warner Telecom issued $400 million of Senior Notes, and in May 1999 completed a $290 million IPO. Ms. Herda has since raised a total of nearly $3 billion in the public and debt markets. This financing and the company’s positive EBITDA position, make it a fully-funded entity.
Under Ms. Herda’s direction, the Time Warner Telecom has introduced data and IP products, expanded its optical network footprint, launched switched telephone services, acquired a regional Internet Service Provider, and turned-up a national IP backbone. In January 2001, Time Warner Telecom completed the purchase of substantially all assets of GST Telecommunications Inc. for $690 million. With this transaction and Time Warner Telecom’s expansion into five additional markets, the company offers fiber-based, metro-area broadband networks and services to business customers in 44 U.S. markets.
Ms. Herda was named Ernst & Young Entrepreneur of the Year for the Rocky Mountain Region and the Denver Business Journal CEO of the Year in 2000. She received the "Swede" Johnson Hope Award presented by the Colorado Chapter of the National Multiple Sclerosis Society for her business leadership in 2001.
Ms. Herda was elected to the Board of Directors for Agilera, an Applications Service Provider, in 2000, and has served as a member of The Association for Local Telecommunications Services (ALTS) Executive Committee since December, 1999. She is also a member of the community advisory board of Sungate, a local children’s advocacy center helping abused children and their families.
Ms. Larissa Herda is a graduate of the University of Colorado. | 