Shentel appoints Edward McKay President & CEO; Chris French becomes Executive Chairman

SHENANDOAH TELECOMMUNICATIONS CO/VA/

Transition effective September 1, 2025. McKay currently EVP & COO, joined Shentel in 2004.
French's annual base salary moves to $450,000 with 80% target bonus; McKay's to $550,000 with 90%.
Board amended bylaws to create Executive Chairman role, effective July 29, 2025.
McKay will oversee sales, marketing, engineering, IT, and customer service as CEO.
Succession planning spanned five years; French remains active as Executive Chairman.

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