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CenturyLink sets up operations structure ahead of Level 3 merger

Published 06/22/2017, 10:09 AM
© Reuters.  CenturyLink sets up operations structure ahead of Level 3 merger
  • CenturyLink (CTL -0.3%) has set up more of its organizational structure on the operations side as it prepares its merger with Level 3 Communications (LVLT -0.3%) and inherits LVLT chief Jeff Storey as its chief operating officer.
  • Storey has already been set up as the CEO-in-waiting, set to take over CenturyLink's top job Jan. 1, 2019.
  • When the merger's done, operations will be organized into five business units, each with its own president: Strategic enterprise, federal government and state government (Edward Morche); Global accounts management and international (Laurinda Pang); Small and midsize business, local government and education (Vernon Irvin); Wholesale and indirect (Lisa Miller); and Consumer (Maxine Moreau).
  • They will be supported by four functional support groups.
  • The deal's still expected to close by the end of Q3.
  • Now read: Accumulate Million By Dollar-Cost Averaging AT&T (NYSE:T)


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