Another positive addition to the upper management at Excel...
biz.yahoo.com
Friday October 10 8:30 AM EDT
Company Press Release
Excel Communications Announces Appointment of Lichter as CIO
DALLAS--(BUSINESS WIRE)--Oct. 10, 1997--Excel Communications Inc. (NYSE:ECI) today announced the appointment of Lester (Les) M. Lichter (51) as Executive Vice President and Chief Information Officer.
The announcement was made by President and Chief Operating Officer John J. McLaine.
As CIO, Lichter will be responsible for Excel's Information Technology (IT) Division. His responsibilities include collaborative development of the company's IT standards, overseeing application research and development, as well as new technology delivery and systems provisioning.
''Les' experience as an IT executive in the communications industry is invaluable,'' said McLaine. ''It's imperative that we have someone on board who understands the IT needs of a growing telecommunications company, particularly as we evaluate entrance into new markets.''
Before joining Excel, Lichter was Senior Vice President and Chief Information Officer at Cable & Wireless Inc., based in Vienna, Va., where he was responsible for developing innovative solutions within budgetary constraints and available resource skills to aid in the capitalization of business opportunities.
Lichter's prior experience also includes serving as Vice President and Chief Information Officer of AT&T's Business Communications Services division where he was responsible for the development and delivery of sophisticated new computer based systems that impacted major operational areas.
Previously, Lichter was Vice President of Software Engineering at MCI and a Vice President of Corporate Systems Development at Sprint. Lichter received his B.S. in Business Administration from the University of California Coast.
Dallas-based Excel Communications Inc. is the fifth largest long distance company in the United States in terms of presubscribed lines according to the Federal Communications Commission. The company offers its subscribers a variety of communications products and services under the Excel branded name which include residential service, commercial service, paging service, and calling cards.
Excel services are marketed exclusively through a nationwide network of Independent Representatives. Excel has more than 2,200 employees who support the corporate, network management, billing, teleservices and marketing functions of the company.
In June 1997, Excel announced a definitive agreement to merge with Telco Communications Group Inc. in a transaction valued at $1.2 billion. The merger will create a company with consolidated revenues of $2 billion and 11 billion long distance minutes of usage on an annualized basis, more than 6.3 million customers and 100,000 network miles of DS-3 fiber optic capacity.
Contact:
Excel Communications Kenneth Kracmer, 214/863-8400 (PR) Mary Bell, 214/863-8730 (IR) |