Kentucky-based CLEC Lightyear Network Solutions Inc. has a new vice president of sales. In early May, Sean Lloyd replaced Kevin Parker; Parker had only led Lightyear’s sales efforts since last fall.
Lightyear CEO Steve Lochmueller said Parker left after being recruited by a friend to serve in a non-telecom role. “It was a terrific opportunity for him,” Lochmueller told Channel Partners. “We were disappointed to see him go, but wish him the best in his new endeavor.”
Still, Lightyear was in luck. Lloyd, who comes to the CLEC with more than 18 years of telecom sales experience, was ready to jump on board. “It was just one of those fortunate situations where it all happened to line up for us rather quickly,” Lochmueller said. “Sean came highly recommended by several colleagues in the communications industry.
Lloyd has worked for carriers including Cingular, Nextel Communications and Cricket Communications. He will oversee Lightyears agent, direct and retail channels, charged as Parker was with increasing organic sales. Lloyd’s goals include strengthening Lightyear’s relationships with existing agents, adding new partners, and focusing on business and residential customers to ramp up wireless revenue. Lightyear further wants to bolster its Ethernet over Copper and hosted IP market share. “I want to continue to grow our agent channel and build upon the longtime relationships that Lightyears had with our channel partners over the years, Lloyd told Channel Partners.
Lloyds hiring came amid some significant changes within Lightyear. In April, longtime CEO Sherman Henderson stepped down from that position, although he remains on the companys board; and, also in May, it came to light that Lightyear had failed to meet several important milestone commitments. Lightyear had pledged to investors that, among other strategic objectives, it would apply to list on the NASDAQ Global and engage in mergers and acquisitions, but it had yet to follow through on those promises.