[GST names new CFO. (This news report was anticipated.)]
(During the conference call last week, GST said they would announce their new CFO on 28 March.)
Tuesday March 28, 9:01 am Eastern Time
Company Press Release
SOURCE: GST Telecommunications, Inc.
GST Telecommunications Names Donald A. Bloodworth Chief Financial Officer
VANCOUVER, Wash., March 28 /PRNewswire/ -- GST Telecommunications, Inc. (Nasdaq: GSTX - news), a leading Integrated Communications Provider (ICP) in California and the western United States, today announced the appointment of Donald A. Bloodworth as chief financial officer.
As chief financial officer, Bloodworth is charged with controlling all of the Company's financial activities, including development of long-term financial objectives and plans, management of the acquisition and allocation of capital, and development and maintenance of relationships with analysts and shareholders. He replaces Dan Trampush, who resigned to pursue other opportunities.
Bloodworth brings over 13 years of high-level financial management experience to GST, most recently as vice president and corporate controller at 3Com Corporation. He has extensive experience in the areas of finance, strategic planning, regulatory affairs, improvement of business processes, management reporting, and mergers and acquisitions.
``I am pleased to have someone of Don's caliber leading GST's financial operations as we enter this new phase of our development,' stated Tom Malone, acting chief executive officer of GST. ``His experience and talents will be invaluable to the financial side of GST's efforts to become a world-class provider of broadband data and Internet solutions. Don will also lead a proactive effort at building better relationships with our shareholders.'
Prior to 3Com, Bloodworth has held senior management positions with AirTouch Communications, Pacific Telecom, and PacifiCorp. He holds a bachelor's degree in business administration and accounting from Portland State University, and is a certified public accountant in the State of Oregon.
GST Telecommunications, Inc., an Integrated Communications Provider (ICP) headquartered in Vancouver, Wash., provides a broad range of integrated telecommunications products and services including enhanced data and Internet services and comprehensive voice services throughout the United States, with a robust presence in California and the West. Facilities-based GST continues to focus on its western regional strategy by anchoring its next generation networks in local markets and connecting them via long haul fiber networks. Visit GST's Web site at www.gstcorp.com.
SOURCE: GST Telecommunications, Inc. |