News

Summit Broadband Names Mark Rankin Chief Financial Officer

Feb 18, 2021

Summit Broadband (“Summit”), a leading fiber-optics telecommunications provider in Central and Southwest Florida, today announced Mark Rankin has been named Chief Financial Officer (CFO). Summit is a portfolio company of Grain Management, LLC (“Grain”), a leading Washington, D.C.-based investment firm focused on the global communications sector.

Rankin brings more than 25 years of accounting and finance to Summit, with 17 years in the telecommunications industry. He is responsible for all accounting and audit, tax, fleet, procurement, financial reporting and treasury functions of the company. Prior to joining Summit, Rankin was CFO of Armstrong Telecommunications, where he was responsible for the financial operations of the cable and telephone divisions of the Armstrong Group of Companies.

“As a leading fiber-optic service provider in Florida, Summit’s reputation for operational excellence and customer service is unmatched,” says Rankin. “I look forward to working with the team to take Summit to the next level and further strengthen its leadership position in the industry.”

“Summit Broadband has entered into a state of dynamic growth and expansion, and we are very deliberate about the investments we are making in our network and expanding our footprint,” says Kevin Coyne, Chief Executive Officer at Summit. “Mark’s telecom experience, strong leadership and financial expertise will help position us for future success. Our leadership team is solidified, and he is an excellent addition.”

About Summit Broadband

Summit Broadband is a leading fiber-optics telecommunications provider in Central and Southwest Florida. The company provides data, voice, video and high-speed internet services to commercial and residential customers, as well as ethernet and dark fiber transport to enterprise and wholesale customers. Providing a superior customer service experience since 1994, Summit Broadband owns and operates its own fiber-optic networks, with a reach of more than 2,700 route miles, serving multiple

industries and communities. In 2020, Summit Broadbandwas acquiredbyGrainManagement LLC.For more information, visitwww.summit-broadband.com.

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