Prodigy Communications Names SBC Executive Interim CEO
Prodigy Communications
(PRGY)
named Charles Foster to lead the company while it searches for a new chairman and chief executive to replace Charles Roesslein, who resigned effective Dec. 1.
Foster is an executive at
SBC Communications
(SBC)
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and a Prodigy board member. Foster is the group president in charge of SBC's national operations. His current responsibilities as group president include Prodigy, and he now assumes the day-to-day duties of chairman, CEO and president. SBC owns 43% of Prodigy.
Roesslein will retire from SBC at the end of the year.
Prodigy, a broadband Internet access provider, also said Louis Brill will join the company's eight-member board, effective Jan. 1. Brill is currently chief accounting officer for Texas-based forest products company
Temple-Inland
(TIN)
.
