Clearfield (CLFD), Fiber to Anywhere

Cheri Beranek

Clearfield, Inc. President and CEO

A founding member of Clearfield, Inc., Cheri Beranek is considered a communications visionary. Her extensive leadership experience and unique management style combined deliver outstanding corporate performance.

Ms. Beranek was appointed Clearfield president and CEO in 2007 after having served as President of APA Enterprises’ subsidiary APA Cables & Networks. Within 15 months of her appointment, she successfully re-positioned the Company for dramatic growth. Under her direction, Clearfield has reversed 20 years of losses, recorded eight consecutive years of profitability and posted historic gains in both the market capitalization and shareholder equity.Today, Clearfield is a multinational business with more than 175 employees and over 580 customers.

Earlier and throughout her career, Ms. Beranek held a variety of executive-level positions with emerging high-growth technology companies, including Americable, Transition Networks, Tricord Systems, and Digi International. She also has extensive non-profit experience including: the City of Fargo, the Metropolitan Planning Commission of Fargo/Moorhead, and North Dakota State University.

In addition to being a published author and public speaker at industry events, Ms. Beranek has been recognized with numerous awards and honors, including the 2016 Minnesota Technology Executive of the Year by Tech.MN, 2016 Female Executive of the Year in New York City by the International Stevie Awards, 2012 Women in Wireline from Fierce Telecom, 2012 regional finalist for Ernst & Young’s Entrepreneur of the Year, Stevie Awards for Business in 2011 as a finalist for Best Executive for non-services businesses and the 2009 Turn-Around of the Year, as well as the Twin Cities Business Journal’s Industry Leader Award in 2009 and Women to Watch award in 2004. Under her leadership, Clearfield was named to the prestigious Forbes Annual List of America’s Best Small Companies in both 2013 and 2014.

Johnny Hill

Chief Operating Officer

Johnny Hill is the chief operating officer of Clearfield, Inc. Formerly the vice president of engineering and product management, Hill is considered a longstanding leader and a founding member of the company.

Hill has approximately 15 years of strategic and hands-on experience in the telecommunications networking industry. He started his career at Americable Inc. in 1996. He was Americable’s national sales manager when the company was acquired by Clearfield’s precursor, APA Cables & Networks in 2003. Hill was promoted to Clearfield’s vice president of product management and development in 2006, and vice president of engineering and product management the following year.

During his career, Hill has amassed a national reputation within the telecommunications industry on such issues as fiber management; harsh environments; network design and transport; fiber and copper assemblies; network security; premise network equipment; structured wiring; among others.

Daniel Herzog

Chief Financial Officer

Mr. Herzog has been CFO of Clearfield since August, 2011. He served as Clearfield’s Vice President of Administration since June, 2009 and previously served as the Company’s Comptroller and principal accounting officer from September, 2003 through February, 2006. Mr. Herzog held positions of Controller and Chief Financial Officer in his 13 years at Americable, which was acquired by the firm in 2003.

Mr. Herzog has had financial leadership roles in both publicly and privately held manufacturing and software industries, including Schwing America and Computer Designed Systems, Inc.

Mr. Herzog received his Bachelors of Arts degree in Accounting in 1986 from Gustavus Adolphus College in St. Peter, Minnesota.

Kevin Morgan

Chief Marketing Officer

Kevin Morgan is the Chief Marketing Officer of Clearfield, Inc., the preferred supplier specialist in fiber management and connectivity platforms for communication service providers.

Morgan has served in various senior marketing positions since 1996 at ADTRAN, Inc. where he gained extensive experience in advanced communications technology, fiber optic systems, and business product marketing. Before that, he spent nearly a decade at telephone operating company BellSouth, now a part of AT&T, where he worked as the lead product evaluations resource of broadband technologies in the Science & Technology department. Morgan also served in various leadership positions with the Fiber-to-the-Home (FTTH) Council Americas, including as a regular Board Member 2011-16 and Chairman of the Board in 2015.

Morgan received a B.S. in Electrical Engineering from Auburn University and an MBA from the University of Alabama.