Brightspeed, the fifth largest incumbent local exchange carrier (ILEC) in the U.S., selected Tom Maguire, current chief operating officer, to succeed Bob Mudge as chief executive officer. Mudge will step into the role of executive chair of the Board of Directors, responsible for the strategic direction of the company. Brightspeed will also welcome Manuel (Manny) Sampedro as chief operating officer. The changes are effective November 1, 2023.
“When we began our exploration of a new internet company in 2020, Bob Mudge, Chris Creager and Tom Maguire were the advisors we trusted to help evaluate and shape the opportunity. We asked each of them to stay on to take the company through the launch and initial stabilization, and we’ve been so pleased with all that this team has accomplished so far. As planned, Chris transitioned to an advisor role earlier this year, and this next transition is a natural next step in the team’s evolution,” said Aaron Sobel, partner, private equity at Apollo and Brightspeed Board member. “Bob has helped to shape Brightspeed into the growing, thriving company it is today, and I’m pleased he has agreed to step into the role of executive chair for our Board, where he will remain actively involved in the company.”
With more than four decades of experience in telecommunications, Tom Maguire brings a breadth of expertise to his new role. Beginning as a field technician and rising through various management and leadership roles at Verizon, Tom ultimately served as SVP, national operations support, responsible for the processes and systems supporting an operations team of 35,000 field technicians, engineering and network operations employees. In his role as COO at Brightspeed, Tom leads a team of nearly 3,000 employees and is responsible for service and repair, as well as the company’s multi-year fiber network deployment.
