Bellcore board of directors appoints Heilmeier as chairman and CEO; Ahuja, president and chief operating officer.MORRISTOWN, N.J.--(BUSINESS WIRE)--Dec. 5, 1996--The board of directors for Bellcore (Bell Communications Research) announced today the appointments of Dr. George H. Heilmeier Dr. George Harry Heilmeier (May 22, 1936 - ) is a notable American engineer and businessman, perhaps best known for his pioneering contributions to liquid crystal displays. as chairman and chief executive officer and Sanjiv Ahuja as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for the company. Both appointments are effective Jan. 1, 1997. Heilmeier has served as president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bellcore since joining the company from Texas Instruments in 1991. Ahuja joined Bellcore in 1994 as corporate vice president and president - Software Systems Group. He was formerly an executive with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corp. "Bellcore has made major strides in its transformation from a consortium to a commercialized software, engineering and consulting company with customers all over the world," according to Marty Kaplan, president - Network Services Group, Pacific Bell and spokesperson for the Bellcore board. "Today's announcement puts the appropriate management structure in place to help Bellcore compete even more effectively. The increased focus on operations through the creation of a chief operating officer position is a logical next step in continuing Bellcore's profitability." Kaplan went on to say, "We see this as a very positive step for Bellcore's future. With Heilmeier's continued leadership at the helm and Ahuja's focus on the overall day-to-day operations of the company, we believe Bellcore will become an even stronger force in the telecommunications software and technical consulting arena." Bellcore currently is owned by the Regional Bell Operating Companies, which include Ameritech, Bell Atlantic, BellSouth, NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange , Pacific Telesis Group, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications and US WEST, or their affiliates. Science Applications International Corp. (SAIC SAIC - http://saic.com. ) announced on Nov. 21 of this year that it has agreed to purchase Bellcore, a leading provider of communications software, engineering and consulting services, from the Regional Bell Operating Companies. Following that transaction, which is expected to be finalized in late 1997 after Bellcore's owners obtain the requisite regulatory approvals, SAIC has stated that Bellcore will be operated as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. with its own board of directors. Headquartered in Morristown, N.J., Bellcore is a leading provider of telecommunications software, engineering and consulting services based on world-class research. Bellcore creates business solutions that make information technology work for telecommunications carriers, businesses and governments worldwide. More information about Bellcore and its solutions and services is available at Bellcore's Web site, http://www.bellcore.com, or by calling 800/521-CORE. CONTACT: Barbara McClurken, 201/829-2164 |
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