BROOMFIELD, Colo., September 08, 2010
Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced it has selected John M. Ryan as chief legal officer to succeed Thomas C. Stortz, who will be retiring at the end of the year. Ryan will be responsible for Level 3’s legal and regulatory functions worldwide. Ryan has been with Level 3 since 1999, and has more than 17 years of experience with legal issues specific to the telecommunications industry.
“It has been a privilege to work with the Level 3 team for the past 12 years,” said Stortz. “I have every confidence that John’s intimate knowledge of our business, broad industry experience and leadership will be great assets to the company.”
Ryan has worked in roles supporting Level 3’s customer contracting and vendor contracting since 1999 and has led Level 3’s public policy group since 2005. Prior to his tenure at Level 3, Ryan was an associate and partner at Fraser Stryker Law Firm, where his practice focused on the communications industry. Ryan will take over as chief legal officer on Jan. 1, 2011. Stortz will remain in an advisory capacity to assist with transition through the first quarter of 2011.
Stortz has been responsible for the legal and regulatory affairs of the company since 1998. Prior to joining Level 3 Stortz was general counsel of Peter Kiewit Sons’, Inc.
“As an early member of Level 3’s management team, Tom has helped guide the company through its evolution from start up to the company we are today. We will miss his advice and counsel,” said James Crowe, chief executive officer of Level 3. “It has been my honor to work with Tom over the past 12 years, and I wish him the very best in his retirement.”
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Forward-Looking Statement
Some of the statements made in this press release are forward looking in nature. These statements are based on management’s current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3’s control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing; as well as the company’s ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3’s filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
|
Contact Information
|
|
|---|---|
| Media: | Investors: |
| Jennifer Swonger | Mark Stoutenberg |
| 720-888-3356 | 720-888-2518 |
PR Archives: Latest, By Company, By Date