Summary
- Frontier Communication's Q2 earnings fell short of the expectations of some, including this analyst.
- While Frontier leadership continues to say the right things, there appears to be a widening gap between what is said on earnings calls and where their priorities appear to be.
- This hypothetical job application for the still-open Frontier CFO position highlights concerns by this analyst about what Frontier is failing to do that could prove fatal for common shareholders.
Dear Mr. McCarthy,
I appreciate the opportunity to send you this letter, offering my services to be your next CFO. While I ordinarily would not take such a bold step, being the timid sort of person, your struggle to find an appropriate partner with whom to lead Frontier (NYSE:FTR) back from the brink suggests that you may need to throw a "broader net" in search of the right person. If I were you, I would probably be reaching out to Elliott Management or Oaktree Capital Management to find the right partner and I suspect that you may well have sought your next CFO from that world. That hasn't worked, apparently, so I offer my services even as I am spectacularly unqualified for this position, probably the most unqualified candidate that has applied thus far.
Without wanting to alienate you prior to my interview, as I normally wait until the interview to alienate potential future employers, I thought that I could save you some time by sharing with you five specific actions that I will take, if hired.
