DENVER, July 18, 1997 -- Qwest Communications International (NASDAQ: QWST) today announced its appointment of six executives to key positions in marketing, sales and finance.
"We?ve strengthened our senior management team by recruiting six of the best people in the industry to move Qwest forward into the Digital Age," said Joseph P. Nacchio, Qwest?s president and chief executive officer. "I?m thrilled that they?ve decided to join the company that?s building the world?s newest, highest-capacity fiber optic network."
Qwest?s new executives are:
Roger J. Attick, vice president - Business Markets Sales. Mr. Attick joins Qwest from MCI Communications Corp., where he was director of local services sales and support at MCImetro, that company?s local services subsidiary. He had previously directed national accounts marketing and product marketing at MCI, and earlier served Satellite Business Systems, Alcatel, TRW-Vidar Corp., and the United States Air Force. He attended the University of Arizona School of Electrical Engineering, Harvard University?s Graduate School of Business Administration, and MIT?s Continuing Education for Engineers program. Gregory C. Curd, director of cost analysis and reporting. Mr. Curd was in private practice as a financial consultant to the telecommunications industry. Previously, he served as controller and chief financial officer of NOS Communications, Inc.; a senior staff member and finance manager at MCI Communications, Corp.; controller of Vanderbilt Energy Corp.; general accounting manager of Meridian Oil, Inc./Milestone Petroleum, Inc.; and a senior accountant at Price Waterhouse. Mr. Curd is a Certified Public Accountant, with a B.S. in Accounting and Finance from the University of Colorado, Boulder. Michael Fair, director of marketing - Business Markets. Mr. Fair comes to Qwest from Sprint Corp., where he was director of Strategic Pricing and Promotions for that company?s business products. From 1988 to 1995, Mr. Fair was director of pricing, Communications Industry Group, at Electronic Data Systems, and earlier was in investment banking and marketing with Vernon Savings and Loan, and Drexel, Burnham, Lambert. He holds a B.A. in Business Administration from Southern Methodist University, and the M.A. in International Business Management from the University of Texas. Mark W. Hagood, director of Access Development. Mr. Hagood joins Qwest from Worldcom, Inc., where he was a senior implementation manager; he previously served as a franchise specialist with MCImetro. From 1982 to 1993, Mr. Hagood was in public affairs, including a term as an elected member of the Virginia House of Delegates, and as the Bush Administration?s chief liaison officer to the Canadian Government during the 1990 Summit of Industrialized Nations. He holds B.S. and M.S. degrees in biology from the University of Richmond, VA. Marc Halpern, director of International Pricing. Mr. Halpern?s experience includes eight years with AT&T in a variety of strategic pricing, forecasting and analysis positions. He earned a B.A. in Humanities from the State University of New York, and a Ph.D. in Economics from the City University of New York. Rick Weston, director of Marketing - Consumer Markets. Mr. Weston joins the Qwest team after 14 years with AT&T that included six years directing offer development and regional sales and marketing for AT&T Wireless, and eight years in sales to business and government customers. He holds a B.S. in Business Administration from California State University. Qwest is a facilities-based provider of communications services to interexchange carriers and other communications companies, as well as to business and consumer end customers. Qwest's construction crews are building a 13,000 mile network using the latest fiber optic technologies and wave-division multiplexing techniques to achieve potential capacities that are the highest in the industry today. By using self-healing SONET rings, and by burying cable in high-strength conduit four to five feet under railroad rights-of-way, Qwest offers superior security and reliability to its customers. Further information is available on the company?s Website located at http://www.qwest.net.
Note to Editors: This release contains or refers to forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that include, among others, (i) statements by Qwest concerning the benefits expected to result from certain transactions, including, without limitation, synergies in the form of increased revenues, decreased expenses and avoided expenses and expenditures that are expected to be realized by Qwest after the closing of such transactions, (ii) Qwest's plans to complete the Qwest Macro Capacity Fiber Network and (iii) other statements by Qwest of expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts. Qwest cautions the reader that these forward-looking statements are subject to risks and uncertainties, including financial, regulatory environment, and trend projections, that could cause actual events or results to differ materially from those expressed or implied by the statements. Such risks and uncertainties include those risks, uncertainties and risk factors identified, among other places, in documents filed with Securities and Exchange Commission. The most important factors that could prevent Qwest from achieving its stated goals include, but are not limited to, (a) failure by Qwest to manage effectively, cost efficiently and on a timely basis the construction of the Qwest Network route segments, (b) failure by Qwest to enter into additional customer contracts to sell dark fiber or provide high-volume capacity and otherwise expand its telecommunications customer base on the Qwest Network, (c) failure by Qwest to obtain and maintain all necessary rights-of-way, (d) intense competition in Qwest's carrier services and commercial services markets, (e) the potential for rapid and significant changes in technology and their effect on Qwest's operations, (f) operating and financial risks related to managing rapid growth and integrating acquired businesses, (g) adverse changes in the regulatory environment, and (h) failure by Qwest to integrate the respective operations of Qwest and certain acquired businesses or to achieve the synergies expected from certain transactions. These cautionary statements should be considered in connection with any subsequent written or oral forward-looking statements that may be issued by Qwest or persons acting on its behalf. Qwest undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward- looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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