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John J Legere

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BUSINESS
February 16, 2000
Global Crossing Ltd. tapped Dell Computer Corp. executive John J. Legere to head its Asia venture with Microsoft Corp. and Softbank Corp. Legere will oversee the Asia Global Crossing division. Legere was president of Dell for Europe, Mideast and Africa and also headed the Asia-Pacific region. Dell named Paul D. Bell to succeed him.
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BUSINESS
June 13, 2002 | JAMES S. GRANELLI, TIMES STAFF WRITER
The top executive trying to revamp Global Crossing Ltd.'s operations will be paid as much as $5.3 million a year in salary, bonus and retention incentives, under a package approved by a Bankruptcy Court judge in New York. The court's ruling means that John J. Legere, installed last fall as chief executive of the faltering fiber-optic networking company, will get more than $7.5 million in cash payments withheld pending the court's decision. That money consists of a $3.
BUSINESS
March 11, 2004 | From Reuters
Global Crossing Ltd. posted a fourth-quarter profit of about $25-billion Wednesday -- the largest in corporate history -- but the stock collapsed as not a penny of that came from its actual business. The benefit came from gains realized as the high-speed communications carrier exited Chapter 11 bankruptcy protection, masking an operating loss from continuing operations.
BUSINESS
March 22, 2002 | EDMUND SANDERS, TIMES STAFF WRITER
Global Crossing Ltd. executives emerged relatively unscathed Thursday from their debut on Capitol Hill, where lawmakers are investigating the telecommunication firm's bankruptcy. Members of a House Financial Services subcommittee said Global Crossing's demise, like that of energy giant Enron Corp., raised serious questions about aggressive accounting methods, inadequate disclosure to investors and excessive executive compensation. "The failure of Global Crossing, Enron, etc.
BUSINESS
October 12, 2003 | Elizabeth Douglass, Times Staff Writer
Global Crossing Ltd., the telecommunications firm that symbolized the industry's rise, excess and ultimate collapse, may soon emerge as a battered survivor -- a feat few thought possible when the company sought bankruptcy protection nearly two years ago. The company could wrap up its Chapter 11 reorganization as early as this week, with one man being hailed as the tough-minded executive who made it possible: Chief Executive John J. Legere.
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