---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-21-000085"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2021-12-09T23:59:59+00:00"
generated_at: "2026-06-28T02:17:47.492838+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TDS announces CFO transition: Sereda to retire May 2022, Villacrez to succeed

## Summary
- Peter L. Sereda to retire as EVP and CFO in May 2022 after 23 years with TDS.
- Vicki L. Villacrez promoted to EVP and CFO, effective May 2022; previously SVP and CFO of TDS Telecom.
- Michelle M. Brukwicki appointed as TDS Telecom CFO, replacing Villacrez; was VP of Financial Analysis and Strategic Planning.
- Transitions described as part of orderly succession planning; all changes effective May 2022.

## SEC filing metadata
- accession: 0001051512-21-000085
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2021-12-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151221000085/0001051512-21-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151221000085/tds-20211208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-21-000085
- JSON: https://secwatch.observer/filing/0001051512-21-000085.json
- Plain text: https://secwatch.observer/filing/0001051512-21-000085.txt

## Key facts
- Executive change
  Vicki L. Villacrez was appointed as Executive Vice President and Chief Financial Officer at TELEPHONE & DATA SYSTEMS INC /DE/.
  - Action: will succeed
  - Role: Executive Vice President and Chief Financial Officer
  source text: TDS announced that Vicki L. Villacrez will succeed Mr. Sereda as Executive Vice President and Chief Financial Officer of TDS effective in May 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151221000085/0001051512-21-000085-index.htm
- Executive change
  Peter L. Sereda departed as Executive Vice President and Chief Financial Officer at TELEPHONE & DATA SYSTEMS INC /DE/.
  - Action: will retire
  - Role: Executive Vice President and Chief Financial Officer
  source text: Peter L. Sereda will retire as Executive Vice President and Chief Financial Officer, effective in May 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151221000085/0001051512-21-000085-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.