Astound Announces Leadership Succession Strategy

PRINCETON, N.J.--(BUSINESS WIRE)--Astound (“Astound” or “the Company"), a recognized leader in internet, Wi-Fi, mobile, TV and fiber-optic solutions, today announced a leadership succession strategy to build upon its foundation as a trusted broadband and fiber provider and help accelerate its strategic expansion.

Astound has hired a new Chief Executive Officer, who will be announced and step into the role in the first quarter of 2026. This appointment comes after a thorough search process, focused on finding a candidate with deep residential and enterprise broadband experience across large-scale, diverse metropolitan markets across the country. As part of this transition, John Feehan, Astound EVP and Chief Financial Officer, has been appointed as Interim Chief Executive Officer, effective immediately, and will serve in this capacity until the Company’s new CEO assumes the role next year. Feehan succeeds Jim Holanda, who will remain at Astound as a Board Director to ensure a smooth transition through next year.

The new permanent CEO will build on Astound’s momentum by growing its high-capacity, fiber-powered network and further enhancing customer experience by investing in operations and new products, particularly following the successful completion of its comprehensive refinancing and securing of over $400 million of new equity and debt capital, announced in July.

“It has been a privilege to lead Astound and work alongside such a dedicated and capable team,” said Jim Holanda, Astound CEO. “Thanks to the team’s dedication and our investors’ support, Astound has meaningfully grown and strengthened its offerings. I am proud of what we have achieved and am confident that with the combination of John’s expertise and leadership, and the addition of the new CEO, the future is bright for Astound.”

Over the past five years, Astound has undertaken fiberization of its network through construction or upgrade of more than 800,000 homes. The Company has also deepened its technology and content partnerships with leading industry players such as T-Mobile, eero, and DIRECTV to bring customers enhanced value and performance. Going forward, Astound remains focused on expanding its award-winning network to deliver industry-leading connectivity and service to its customers and communities across the country.

About Astound

Astound (astound.com) is a trusted provider of internet, Wi-Fi, mobile, TV services, landline phone and fiber-optic solutions, known for innovation, reliability, and award-winning customer care. With a focus on flexibility, value, and community, Astound delivers modern connectivity solutions to both residential and business customers designed for how people live and work today. Astound serves Chicago, Indiana, Eastern Pennsylvania, Massachusetts, New York City, Maryland, Washington, D.C., Texas, and regions throughout California, Oregon, and Washington.