This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CenturyLink Announces Organizational Realignment

MONROE, La., Jan. 3, 2013 /PRNewswire/ --  CenturyLink, Inc. (NYSE: CTL) today announced it is combining its network services business sales and operations teams into one organization, reporting to Chief Operating Officer Karen Puckett. The reorganization is effective immediately.

(Logo: http://photos.prnewswire.com/prnh/20090602/DA26511LOGO)

The reorganization combines business sales and operations functions that currently reside in the company's Enterprise Markets Group – Network Services and Regional Markets Group organizations. The company's Wholesale Markets Group (WMG) and Enterprise Markets Group – Data Hosting segments are not impacted by the organizational realignment. Beginning with the first quarter of 2013, the company will report the following four segments in its financial statements: Consumer, Business, Wholesale and Data Hosting services.

Savvis, a CenturyLink company that delivers cloud, colocation and managed hosting services, will continue to operate as a sales- and service-focused organization in the Data Hosting segment with Jim Ousley continuing as chief executive officer of Savvis and Jeff Von Deylen continuing as president of Savvis.

"Our business segment continues to grow, and this organizational shift streamlines our end-to-end service delivery, support and sales to our network services enterprise customers by creating one cohesive organization focused on them," said CenturyLink Chief Executive Officer and President Glen F. Post, III.

Post reaffirmed the company's commitment to maintain its local market focus in the company's service areas across 37 states. "Our local operating model is a key component in the success of our business and consumer service and sales," he said. "In addition to her new responsibilities, Karen will continue to retain all of her existing duties, including our local market teams and consumer-focused operations. She is a proven effective leader and will ensure our continued strong focus on our customers."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,941.08 -99.29 -0.55%
S&P 500 2,105.85 -5.88 -0.28%
NASDAQ 5,062.16 -20.7690 -0.41%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs