Tuesday August 11, 5:57 pm Eastern Time
Company Press Release
SOURCE: Level 3 Communications, Inc.
Level 3 Names Thomas Stortz as General Counsel;
Terrence Ferguson to Serve as Special Counsel
OMAHA, Neb., Aug. 11 /PRNewswire/ -- Level 3 Communications, Inc. (Nasdaq: LVLT - news) today announced that
Thomas C. Stortz will be joining Level 3 as Senior Vice President and General Counsel effective September 1, 1998. He
succeeds Terrence J. Ferguson, who will continue with Level 3 as Special Counsel to the company.
''I am particularly pleased to have Tom Stortz join us and bring his considerable expertise and experience to our effort,'' said
James Q. Crowe, president and CEO of Level 3. ''I have known and worked closely with Tom for years and have great
respect for him and what he has accomplished. As the General Counsel of Peter Kiewit Sons', Inc. (PKS), he worked with me
and other key executives on a number of projects, including the spin-off of MFS Communications Company and subsequently,
the separation of Level 3 from Kiewit.''
Stortz joined PKS as an attorney in 1981 and has served as Vice President and General Counsel for PKS and Kiewit
Construction Group, Inc. since 1991. He currently sits on the Board of Directors of PKS and the Nebraska Methodist
Hospital Foundation. He has served as a director of RCN Corporation [Nasdaq:RCNC - news], C-TEC Corporation, Kiewit
Diversified Group, Inc. and CCL Industries, Inc.
He earned his Juris Doctor at Creighton University School of Law, and holds a Bachelor of Business Administration degree
from the University of Iowa.
Ferguson To Assume Role As Special Counsel
''I am pleased that Terry Ferguson will continue to devote time and effort to Level 3 as Special Counsel,'' said Crowe. ''Terry
and I have worked side-by-side since the first days of MFS, more than a decade ago. I admire and respect Terry as both a
professional colleague and as a friend.
''After a full and distinguished career that culminated in the merger of MFS with WorldCom, Terry had decided to retire.
However, to help launch the new company, I was able to coax him out of retirement to accept an interim position as General
Counsel with Level 3. Having led us through the complex legal issues involved in the formation of Level 3, the separation of the
company from Kiewit, and the listing of the company on The Nasdaq National Market, he has now decided to step back from
the demands of being General Counsel.
''Importantly, Terry has agreed to continue working with us on special projects and with the formation of the company's
international operations,'' Crowe said.
About Level 3 Communications
Level 3 is a communications and information services company that is building the first international network optimized for
Internet technology. The Level 3 Network will combine both local and long distance networks, connecting customers
end-to-end across the U.S. and Europe. The company expects to complete the U.S. intercity portion of the network by the
first quarter of 2001. In the interim, Level 3 has signed an agreement to lease a national network over which it will be able to
begin offering services in the third quarter of 1998. Level 3 will provide a full range of communications services -- including
local, long distance, international and Internet services. Level 3's common stock is traded on The Nasdaq National Market
under the symbol LVLT. Its World Wide Web address is www.L3.com.
SOURCE: Level 3 Communications, Inc. |
