June 11, 1993 |
AT&T hired a top executive from long-distance rival Sprint to oversee its information systems, the company said Thursday. Ron J. Ponder, 50, will become senior vice president and chief information officer of AT&T. He had been chief information officer at Sprint since 1991 and at Federal Express before that. Ponder will report to AT&T's chief financial officer, Alex J. Mandl, at the company's headquarters in Basking Ridge, N.J.
October 16, 1997 |
AT&T Corp.'s board of directors met Wednesday to ponder the selection of a new chief executive--a pivotal decision that could determine the future direction of the beleaguered phone giant--but broke up without an announcement. Speculation on a successor to Robert E. Allen has focused largely on two contenders--insider John D. Zeglis, AT&T vice chairman, and outsider C. Michael Armstrong, chief executive of Hughes Electronics Corp., a Los Angeles-based unit of General Motors Corp.
May 22, 2001 |
Teligent Inc., which lost more than $1 billion building an advanced wireless communications network, filed for Chapter 11 bankruptcy protection Monday, becoming the latest in a string of upstart phone companies to collapse in recent months. The company, based in Vienna, Va., said in a statement that it has interim agreements with lenders to fund its operations during the bankruptcy process. Teligent filed its petition in U.S. Bankruptcy Court for the Southern District of New York, listing $1.
July 2, 1996
This is a preliminary list of corporate executives planning to attend this year's highly coveted Sun Valley Conference, where media moguls and other corporate bigwigs rub shoulders, ride the rapids and often wind up making the biggest of the big entertainment deals. Allegheny & Western Energy Corp., John G. McMillian, chairman Amelior Foundation, Raymond G. Chambers, chairman America Online Inc., Steve Case, chairman and CEO Archer-Daniels-Midland Co., Dwayne O.
September 14, 1990 |
The Soviet Union's planned economic reforms will put the country on the road to capitalism and make it a major growth market for U.S. exports, a delegation of American businessmen said Thursday after four days of talks with Soviet officials. "Capitalism is clearly coming to the Soviet Union, and it is equally clear that Wall Street will come to the Soviet Union shortly thereafter," Donald B. Marron, chairman and chief executive of Paine Webber Group, Inc., declared.
October 24, 1996 |
Tapping a relative unknown to solve its high-profile problems, AT&T Corp. surprised the business world Wednesday by naming John R. Walter, 49-year-old chairman of commercial printer R.R. Donnelley & Sons Co., as the telephone giant's new president, chief operating officer and heir to Chairman and Chief Executive Robert E. Allen.