¶ -- Company Names New Executives to Oversee Business and Consumer
Sales Groups
¶ -- New Executive to Head up Product, IT
¶ -- General Counsel Takes on Expanded Role as Chief Administrative
Officer
Qwest Communications International Inc. (NYSE: Q) and its Board of
Directors announced today several key leadership changes that represent
a continued effort to better align the company’s
strategies with a keen operations focus. These changes, effective today,
reflect new leadership for two sales groups and product/IT while the
role of the general counsel will now include additional duties as chief
administrative officer.
Qwest Chairman and CEO Edward A. Mueller and Chief Operating Officer Tom
Richards announced the following:
Teresa Taylor, 44, previously executive vice president and chief
administrative officer, has been named executive vice president for
Business Markets Group (BMG). In this role, she will oversee all
sales, marketing and operations for national business sales, including
government sales on the local, state and federal levels. She will
report to Richards.
Dan Yost, 59, previously executive vice president for product and IT,
has been named executive vice president for the Mass Markets
Organization (MMO). In this role, he will oversee all sales, marketing
and operations for in-region consumer and small-business sales. He
will continue to report to Richards.
Neil Cox, 58, previously vice president for BMG national sales in the
central region, has been promoted to executive vice president for
product and IT. In this role, he will lead the product development and
management of Qwest’s voice, data and IP
portfolio, and also will oversee the critical information technology
infrastructure used to deliver services. He will report to Richards
and will move to Denver from Chicago.
The company also announced that Paula Kruger, previously executive vice
president for MMO, will be leaving the company.
In addition, Mueller announced the following:
Rich Baer, 51, currently executive vice president and general counsel,
will also now serve as chief administrative officer. In addition to
leading Qwest’s law department and the
company’s risk management and compliance
efforts, Baer will oversee public policy, federal relations, human
resources, labor relations, corporate communications, the Qwest
Foundation, corporate social responsibility, and sponsorships and
events.
Baer will continue to report to Mueller along with Richards; John
Richardson, chief financial officer; and Stephanie Comfort, executive
vice president for corporate strategy.
“We believe these changes reflect our ability
to build upon our executive bench strength and apply proven and seasoned
Qwest talent to key areas as we execute our strategies,”
Mueller said. “I am confident that these moves
will enable us to sharpen our focus on enhancing the customer experience
with operational and administrative excellence while putting greater
emphasis on operating margin improvement and optimum free-cash flow. In
addition, Rich has served the company exceptionally well as our general
counsel and I know he will bring his trademark intensity to this
expanded role. This move is consistent with our desire to constrain
expenses, as Rich will, among other things, be assuming the additional
role Teresa Taylor filled. Finally, I want to thank Paula for her
contributions to Qwest and wish her all the best in her future endeavors.”
Said Richards: “I am excited to have Teresa
and Dan lead these two key business units and partner with me as we
continue to drive operational excellence on behalf of the overall
customer experience. Dan has a significant background and knowledge in
the consumer and small-business space with other communications
companies, including AT&T Wireless and Allegiance Telecom. Teresa is a
highly experienced and focused telecom executive with a diverse
executive background, including overseeing Qwest’s
wholesale and product teams. Finally, I am equally excited to have Neil
in this critical role as he is a proven leader given his track record in
BMG as well as numerous other leadership positions. He has a strong
engineering and sales background and a deep understanding of how product
and IT work together to deliver on behalf of the customer.”
About Qwest
Customers coast to coast turn to Qwest's industry-leading national
fiber-optic network and world-class Spirit of Service to meet their
communications and entertainment needs. For residential customers, Qwest’s
powerful combination of award-winning high-speed
Internet, home
and wireless voice solutions and digital
TV includes a new generation of fiber-optic
Internet services. Qwest is also the choice of 95 percent of Fortune 500
companies, offering a full suite of network, data and voice services for small
businesses, large businesses,
government agencies and wholesale
customers. Additionally, Qwest participates in Networx,
the largest communications services contract in the world, and is
recognized as a leader
in the network services market by a leading technology industry analyst
firm.
Forward-Looking Statement Note
This release may contain projections and other forward-looking
statements that involve risks and uncertainties. These statements may
differ materially from actual future events or results. Readers are
referred to the documents filed by us with the Securities and Exchange
Commission, specifically the most recent reports which identify
important risk factors that could cause actual results to differ from
those contained in the forward-looking statements, including but not
limited to: access line losses due to increased competition, including
from technology substitution of our access lines with wireless and cable
alternatives, among others; our substantial indebtedness, and our
inability to complete any efforts to further de-lever our balance sheet;
adverse results of increased review and scrutiny by media and others
(including any internal analyses) of financial reporting issues and
practices or otherwise; rapid and significant changes in technology and
markets; any adverse developments in commercial disputes or legal
proceedings; potential fluctuations in quarterly results; volatility of
our stock price; intense competition in the markets in which we compete
including the effects of consolidation in our industry; changes in
demand for our products and services; acceleration of the deployment of
advanced new services, such as broadband data, wireless and video
services, which could require substantial expenditure of financial and
other resources in excess of contemplated levels; higher than
anticipated employee levels, capital expenditures and operating
expenses; adverse changes in the regulatory or legislative environment
affecting our business; changes in the outcome of future events from the
assumed outcome included in our significant accounting policies; and our
ability to utilize net operating losses in projected amounts.
The information contained in this release is a statement of Qwest’s
present intention, belief or expectation and is based upon, among other
things, the existing regulatory environment, industry conditions, market
conditions and prices, the economy in general and Qwest’s
assumptions. Qwest may change its intention, belief or expectation, at
any time and without notice, based upon any changes in such factors, in
Qwest’s assumptions or otherwise. The
cautionary statements contained or referred to in this release should be
considered in connection with any subsequent written or oral
forward-looking statements that Qwest or persons acting on its behalf
may issue. This release may include analysts’
estimates and other information prepared by third parties for which
Qwest assumes no responsibility.
Qwest undertakes no obligation to review or confirm analysts’
expectations or estimates or to release publicly any revisions to any
forward-looking statements and other statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
By including any information in this release, Qwest does not necessarily
acknowledge that disclosure of such information is required by
applicable law or that the information is material.
The marks that comprise the Qwest logo are registered trademarks of
Qwest Communications International Inc. in the U.S. and certain other
countries.
Attachment for biography
Rich Baer, 51, has served as Qwest’s
general counsel since December 2002. With over 25 years of experience in
public, private and corporate practice, he is an experienced legal and
executive leader with a diverse background. In addition to leading Qwest’s
law department, he oversees the company’s
risk management and compliance efforts. Prior to joining Qwest, Baer
served as chairman of the litigation department at the Denver law firm
of Sherman & Howard. He holds a bachelor of arts degree from Columbia
University and a juris doctorate degree from Duke University.
Neil Cox, 58, has a diverse communications and technology
background of more than 35 years, and most recently was vice president
of central region enterprise sales for Qwest’s
Business Markets Group (BMG). Prior to joining Qwest in 2006, he was a
venture partner at MK Capital, which invests in emerging technologies
and applications software. Before joining MK Capital in 2005, Cox was
executive vice president of the telecommunications sector for SAIC
(Science Applications International Corp) from 2001-2004. He began his
career in 1972 with Indiana Bell and later moved on to Ameritech, where
he held a number of executive positions including president of both
Ameritech Information Industry Services and SecurityLink from Ameritech.
While at Ameritech, Cox was one of the inventors responsible for three
patents that were designed around the notification of a data message on
the Internet. A native of Indiana, Cox holds a bachelor of science
degree in electrical engineering technology from Purdue University.
Teresa Taylor, 44, is a seasoned executive who has served on the
Qwest CEO team since 2002. She has demonstrated success in operations,
sales, marketing and strategy positions throughout her career. In
October 2007, she was named Qwest’s executive
vice president and chief administrative officer with responsibility for
human resources, labor relations, corporate communications, sponsorships
and events, corporate social responsibility and the Qwest Foundation.
From December 2004 to October 2007, Ms. Taylor served as executive vice
president and chief human resources officer. Previously, she was
executive vice president for Qwest’s
Wholesale business unit, and was responsible for $4 billion in sales,
service and operations. She also served as executive vice president of
Qwest’s Products and Pricing Group.
Additionally, she held a number of leadership positions with US WEST
between 1988 and its merger with Qwest in 2000. Taylor holds a bachelor
of science degree from the University of Wisconsin-La Crosse.
Dan Yost, 59, was executive vice president of Product & IT and
was responsible for the product development and management of Qwest’s
voice, data and IP portfolio, including the development of new services
and the deployment of voice over Internet protocol (VoIP), as well as
maintaining the critical information technology infrastructure used to
deliver services. With more than 30 years of telecommunications
experience, Yost joined Qwest from Allegiance Telecom, Inc., a
facilities-based national local exchange carrier, where he served as the
company’s president and chief operating
officer. While at Allegiance, he managed the company’s
day-to-day operations, which included the delivery of local and
long-distance communications, international calling, high-speed data
transmission and Internet services. Previously, he held senior
management positions at several technology companies, including AT&T
Wireless, McCaw Cellular Communications, MetroCel Cellular, Inc. and
NETCOM Online Communications. Yost holds both a bachelor of science
degree in electrical engineering and master’s
in business administration from Southern Methodist University.