XO Communications Names New Financial Chief

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XO Communications

(XOXO)

, a provider of broadband communications services, named Wayne Rehberger chief financial officer, replacing Mark Gunning, who resigned to pursue other business interests.

Rehberger has more than 20 years of telecommunications management experience, including a stint as senior vice president of finance at

MCI WorldCom

.

Rehberger joined XO Communications in August and has worked with the financial team and senior management.

Shares of XO were recently trading down $4, or 16.7%, to $20 in

Nasdaq

trading.