"I am thrilled to welcome Jeff to the executive management team at Monitronics," said Bill Fitzgerald, Ascent Chairman and Chief Executive Officer. "Jeff brings a tremendous skill set as a leader in the telecommunications industry with a focus on relevant financial and operational experiences. His understanding of subscriber-focused operating businesses, expertise in building companies both organically and through acquisition, and strong financial acumen will significantly benefit the Monitronics business as we capitalise on the growth opportunities we have in front of us.

"I would like to thank Mike Haislip for his dedication and leadership over the years and we are grateful for his contributions to the Company's success. We look forward to his continued guidance as he works with Jeff through the transition."

Gardner brings more than 25 years of experience in the telecommunications industry and has specific expertise in the areas of operations management, strategic development, finance, accounting and financial reporting. Most recently, he was President and Chief Executive Officer of Windstream Holdings, Inc. where he oversaw the acquisition of nine entities since 2006 with a combined value of over $5 billion. He previously served as Executive Vice President and Chief Financial Officer of Alltel Corporation where he oversaw the Company's financial operations and spent his early career at 360 Communications, holding various executive positions in that company.

"Monitronics is a unique business, with a high quality subscriber base, a scalable operating platform, and significant opportunities to further grow the customer base and financial profile," Gardner said. "I look forward to working with its outstanding leadership team to ensure that we continue to build a business that offers shareholders long-term, attractive equity returns."