Uniti Group’s chief financial officer will be taking a leave of absence.
Mark Wallace, the CFO of the Little Rock-based real estate investment trust, is taking a leave of absence immediately. The company cited health reasons for Wallace’s absence.
Paul Bullington, the senior vice president of strategic operations for Uniti Fiber, will serve as the company’s interim chief financial officer and principal financial officer. He previously served as the chief financial officer of Southern Light.
“On behalf of the Board and all of our employees at Uniti, we wish Mark a speedy and full recovery,” Uniti Group president and CEO Kenny Gunderman said in a statement. “Paul has the complete support and confidence of the management team and the Board. Between his time at Southern Light and Uniti, Paul brings over 20 years of valuable fiber, communications infrastructure, and M&A experience to his new role. I look forward to working with Paul as we continue to execute on our strategic priorities.”
Wallace previously served as a managing director of Fortress Investment Group Inc., as well as senior vice president, CFO and treasurer of Westwood Holdings Group Inc. and as executive vice president, chief financial officer and treasurer of HCP Inc.
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