Holcim Raises 2026 Outlook After Strong Q2 Earnings Beat 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat 
Boeing Stock Jumps as FAA Certifies 737 MAX-7 After Years of Regulatory Review 
BYD July Global Vehicle Sales Rise 22% as Overseas Demand Surges 
SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal 
Bayer Q2 Earnings Beat Forecasts as Crop Science Boosts Results, Debt Outlook Improves 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
HSBC H1 Profit Jumps 23%, Announces $1 Billion Share Buyback and Reaffirms 2028 Targets 
Shein Targets $30B-$40B Valuation in Hong Kong IPO Planned for August 
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
Toyota Raises FY2027 Outlook, Announces ¥1 Trillion Buyback Despite Q1 Profit Dip 
Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race 
Nike China Strategy to Lift Margins Despite $1 Billion Sales Hit, Bernstein Says 
Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring 
Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum 
William Niles Named Chief Executive Officer
William Fitzgerald to Continue as Chairman of Board of Directors
ENGLEWOOD, Colo., April 05, 2018 -- Ascent Capital Group Inc. (“Ascent” or the “Company”) (Nasdaq:ASCMA) announced today that William Fitzgerald has stepped down as Chief Executive Officer (“CEO”) of Ascent, however, he will continue in his role as Chairman of the Board. Ascent’s Board of Directors has appointed William Niles, currently Executive Vice President and General Counsel and Secretary of Ascent, as CEO. Mr. Niles will continue to serve as the General Counsel and Secretary of the Company.
“Bill and I have been partners together at Ascent for nearly 18 years and I have tremendous respect for him and all he has provided the company during that time,” said William Fitzgerald, Chairman of Ascent Capital Group. “I’m confident he will serve us very well in his new capacity as CEO.”
Mr. Niles has served as Executive Vice President and General Counsel and Secretary of the Company, since its inception in 2008 and as a director of MONI Smart Security since its acquisition by Ascent Capital Group, Inc. in 2010. Prior to 2008, Mr. Niles served as Executive Vice President and General Counsel of Ascent Media Group Inc., (“AMG”) and as a director of AMG’s respective operating subsidiaries. Mr. Niles also served as co-managing director of AMG from 2006 to 2008.
About Ascent Capital Group, Inc.
Ascent Capital Group, Inc., (NASDAQ:ASCMA) is a holding company that owns 100 percent of its operating subsidiary, MONI, and through MONI, LiveWatch Security, LLC. MONI, headquartered in the Dallas Fort-Worth area, secures approximately one million residential customers and commercial client accounts with monitored home and business security system services. MONI is supported by one of the nation’s largest networks of independent Authorized Dealers, providing products and support to customers in the U.S., Canada and Puerto Rico. LiveWatch Security, LLC ®, is a Do-It-Yourself (“DIY”) home security firm, offering professionally monitored security services through a direct-to-consumer sales channel. For more information on Ascent, see http://ascentcapitalgroupinc.com/.
Contact:
Erica Bartsch
Sloane & Company
212-446-1875
[email protected]
