Lumen Technologies (NYSE: LUMN) recently initiated a significant leadership change with the appointment of Jim Fowler as Chief Technology and Product Officer (CTPO). This transition follows the announcement that David Ward, the current Executive Vice President and CTPO, will resign to accept a role at Salesforce, effective January 5, 2026.
Lumen Technologies Announces Leadership Change
The decision was officially announced on December 5, 2025, via an SEC filing and press release. This structured transition highlights Lumen’s ongoing transformation strategy as a key player in the AI and cloud sectors.
Details of the Transition
- David Ward’s Resignation: Ward will become President and Chief Architect at Salesforce, ending his tenure at Lumen on January 5, 2026. He will provide transitional support until January 23, 2026.
- Jim Fowler’s Appointment: Fowler, who has served on Lumen’s Board since 2023, will step into Ward’s former role. His new position begins concurrently with Ward’s departure.
Fowler will report to CEO Kate Johnson and oversee the global technology and product strategy, focusing on evolving Lumen’s technological infrastructure and product offerings.
Strategic Continuity Amid Leadership Change
Lumen emphasizes that this leadership change will not disrupt its existing technology roadmap or strategic priorities. The company’s goals will be further detailed at its Investor Day scheduled for February 25, 2026, in New York.
About David Ward
David Ward, who has been influential in Lumen’s technological advancements since his appointment in 2024, played a pivotal role in redefining the company’s networking capabilities, particularly in AI-driven solutions. His move to Salesforce is seen as a testament to his expertise in technology and innovation.
Introducing Jim Fowler
Fowler brings a wealth of experience to his new role. His background includes significant positions at Nationwide Mutual Insurance Company and General Electric. As a former board member, Fowler possesses critical insights into Lumen’s technology strategies and priorities, allowing for a smoother transition.
Implications for Lumen’s Future
This leadership swap occurs during a crucial period for Lumen as it shifts from traditional telecommunications towards a digital infrastructure provider for AI applications. Recent strategic moves include a partnership with Palantir Technologies to enhance AI offerings and the divestment of its consumer fiber business to AT&T for approximately $5.75 billion.
Market Reactions and Future Outlook
As of December 5, 2025, Lumen’s stock was trading around $8.78, reflecting an 8% decline on that day but remaining higher than at the start of 2025. Analysts note that Lumen’s ability to execute on its strategic initiatives will be critical going forward.
- RBC Capital Markets raised its price target for Lumen to $8.00.
- Raymond James increased its target to $10.00, citing the potential impact of the AT&T deal.
- Consensus forecasts point to a median target of $8 per share for 2026.
The recent leadership change underscores Lumen’s commitment to maintaining its strategic direction while navigating the competitive landscape of AI technology. Investors and analysts alike will be closely monitoring Fowler’s performance in the coming quarters to assess Lumen’s continued evolution in the digital space.
