Ray Ostroski

Ray Ostroski

Associate Counsel

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  • Timeline

  • About me

    Retired Chief Legal Officer | Corporate Board Service | Legal Consultant

  • Education

    • Wilkes University

      1974 - 1976
      BS Social Science and Urban Affairs
    • Temple University - James E. Beasley School of Law

      1980 - 1983
      Juris Doctor Law
  • Experience

    • C-TEC Corporation

      Jan 1985 - Jan 1988
      Associate Counsel
    • C-TEC Corporation

      Jan 1988 - Jan 1991
      Corporate Counsel and Assistant Corporate Secretary
    • RCN Corporation/C-TEC Corporation

      Jan 1991 - Jan 1997
      Executive Vice President, General Counsel and Corporate Secretary

      Managed legal and regulatory department for this $500 Million publicly-traded, diversified telecom company. Advised and counseled the Board of Directors. Dealt with shareholder matters. Negotiated and handled mergers, acquisitions, divestitures, financings and public offerings. Responsible for SEC reporting and compliance. Led legal and regulatory efforts for the spinoff of C-TEC into three separate public companies( RCN Corporation/Commonwealth Telephone Enterprises,Inc/Cable Michigan,Inc) in transactions with total value in excess of $1 Billion. Show less

    • Commonwealth Telephone Enterprises, Inc.

      Jan 2002 - Jan 2007
      Senior Vice President, General Counsel and Corporate Secretary

      For this $350 Million publicly-traded telecommunications company, directed legal and regulatory affairs. Participated in strategic planning with senior management and Board of Directors. Counseled Board and handled corporate governance and corporate secretarial matters. Provided legal advice and transactional support in M&A, financings and public offerings including legal and regulatory leadership to facilitate the sale of the company to Frontier Communications for $1.1 Billion.

    • One Communications Corp.

      Jan 2009 - Jan 2011
      Executive Vice President, General Counsel and Corporate Secretary

      For this $700 Million private equity-backed regional telecom company, led legal and regulatory department of 25 professionals with a budget of over $10 Million. Handled corporate governance and corporate secretarial responsibilities including interaction with the Board of Directors. Promoted from VP, Deputy GC and Assistant Secretary.

    • Shenandoah Telecommunications Company/Shentel

      Jan 2013 - Feb 2022
      Vice President, Legal, General Counsel and Corporate Secretary

      Led all aspects of legal and regulatory affairs of $2.5 Billion market cap publicly-traded telecommunications company. Provided advice and counsel to senior leadership and Board of Directors on corporate legal issues, SEC reporting and compliance, corporate governance and corporate secretarial issues; state and federal regulatory reporting and compliance as well as general legal and contract matters. Significant interaction with the Board of Directors.

    • Better Campgrounds & Marinas, LLC

      Apr 2023 - now
      Board Member/General Counsel
  • Licenses & Certifications

    • Admitted to Practice in Pennsylvania, Virginia and United States District Court for the Eastern District of Pennsylvania