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Lumen, under the leadership of its new CEO, is undergoing a significant transformation aimed at simplifying the organization, encouraging innovation, and focusing on customer-centric strategies. The New Strategies of the New Lumen Management Stansbury will bring fresh perspectives, insights, and energy to the company's culture and operations, paving the way for dynamic and transformative changes at the company level. As illustrated below, the company has made several other leadership changes in recent months.Įxhibit 1: Lumen's executive leadership team The shake-up of the leadership team does not end with these appointments. Stansbury, previously the CFO of Arrow Electronics, Inc., brings over 25 years of finance and accounting experience to his role at Lumen. In addition to Kate Johnson's appointment, Lumen welcomed Chris Stansbury as the new CFO in April 2022.

She has acknowledged Lumen's need to strengthen its balance sheet, expand its fiber footprint, and enhance its digital capabilities, and has shared her vision of leading Lumen into its next chapter, empowering customers to leverage the Lumen platform for exceptional digital experiences. Johnson, a seasoned technology executive with leadership experience at Oracle Corporation ( ORCL), General Electric ( GE), and Microsoft Corporation ( MSFT), expressed commitment to advancing the company's business strategy. In response to some of these challenges, the company recently implemented substantial changes to its leadership, with Kate Johnson stepping in as the new President and CEO on November 7, 2022. With declining revenue, mounting debt, intense competition from rivals, shrinking market share, and a stagnant innovation pipeline, Lumen's challenges stem from not one but many factors. The company has been under significant pressure in recent years due to challenges in its legacy wireline business, resulting in sharp sell-offs in the market. Lumen has a global network infrastructure, cloud connectivity, edge computing capabilities, and connected security solutions that enable businesses to leverage their data and adopt game-changing technologies. The company provides a platform that combines networking, edge cloud, collaboration, and security to deploy, accelerate, and safeguard new applications and data. is a global technology corporation that offers business solutions to support the ongoing digital revolution. Previously known as CenturyLink, Lumen Technologies, Inc.

In this analysis, I will evaluate recent data of the company to determine whether now is the best time to cut my losses and move on from Lumen.

What would be a good reason for me to move on from Lumen today is new data that points to even lower share prices in the long run caused by poor execution of the business turnaround strategy. This never happened, but as a long-term-oriented investor, I have an extensive investment time horizon so failing to deliver on my expectations in two years is not a good enough reason for me to book losses. ( NYSE: LUMN ) is sitting at a massive loss, which is not a surprise given how the company has failed to come out of its struggles in the last couple of years although I thought the company would be able to see the light at the end of the tunnel. My investment in Lumen Technologies, Inc. In an ideal world, we want all our investments to deliver the expected returns within our investment time horizon, but this rarely happens, if at all. Not every investment goes according to the plan.