Qwest ( Q) director W. Thomas Stephens resigned, effective last Friday. The Denver telecom giant said Stephens is a former president, CEO and a director of MacMillan Bloedel. He had been a director of Qwest since 1997. "Qwest's progress and the leadership of Dick Notebaert make this an appropriate time for me to now focus on some other business activities," Stephens said. "I've seen Qwest's leadership team make tremendous progress over the past two years, and the time is simply appropriate for me to accommodate other challenges." "I want to thank Tom for his service and hard work on the Qwest board," CEO Dick Notebaert said. "Tom has shown dedication, high energy and commitment to the company. His experience, advice and counsel have been of tremendous value to the board and the company. All of us at Qwest thank Tom for his contributions." Qwest rose a nickel to $3.55 Wednesday.