June 28, 1994 |
Pacific Bell, saying it needs fresh management talent to lead it into unfamiliar competitive terrain, on Monday named Sprint Corp. executive David Dorman as president and chief executive. Dorman, 40, assumes posts held by Phil Quigley, who on April 1 became chairman and CEO of Pacific Telesis Group, the holding company that gets 98% of its revenue from PacBell. Quigley remains chairman of PacBell, the exclusive provider of local phone service in two-thirds of California.
April 6, 1998 |
'I'm just a boring guy," says David Dorman, who rose to become the youngest chief executive in the history of 50,000-employee Pacific Bell, then willingly gave up that lofty position to head a 260-person Silicon Valley start-up. Boring indeed. Last October, 44-year-old Dorman became the chairman, president and chief executive of PointCast, the pioneering "push" media company.
February 22, 2002 |
AT&T Corp. appointed President David Dorman and Chief Financial Officer Charles Noski to its board as the biggest U.S. long-distance phone company prepares to separate its cable-television business. Noski, 49, also was named vice chairman and will remain CFO. The appointments take effect immediately.
July 18, 2002
* WorldCom Inc. sought to calm its creditors by offering to promise not to sell any of its subsidiaries over the next 70 days, a move a company lawyer said was an effort to buy itself breathing room. * Qwest Communications International Inc. had its credit rating slashed three levels by Standard & Poor's on concern the telephone company would default on a bank loan and fail to make debt payments. Its long-term rating was cut to B-plus from BB-plus. * AT&T Corp.
July 11, 2002 |
AT&T Corp. and Comcast Corp. on Wednesday won shareholder approval for the planned $27-billion merger of AT&T Broadband with Comcast, which would create the nation's No. 1 cable television operator, with more than 22 million customers. That go-ahead came as AT&T Corp. Chairman and Chief Executive C. Michael Armstrong said that President David Dorman is the front-runner to succeed him, and that a plan to issue tracking shares for the consumer long-distance telephone unit may be scrapped.
March 6, 1998 |
PointCast Inc. is shifting its focus from the individual to the corporation as it seeks profits and more customers and considers an initial public offering this year. The money-losing Sunnyvale-based company is a pioneer in offering so-called push services that let publishers and advertisers target information directly at individual personal-computer users. The shift comes after the initial promise of push services failed to materialize. PointCast, which increased its subscriber base 52% to 1.