Carl J. Grivner Named CEO of XO Communications, Inc.Business Editors/High-Tech Writers RESTON, Va.--(BUSINESS WIRE)--April 28, 2003 XO Communications XO Communications is a United States telecommunications firm and one of the largest Competitive Local Exchange Carrier (CLEC) in the country. It is owned by XO Holdings, Inc OTCBB: XOHO. , Inc. ("XO") today announced that it has hired Carl J. Grivner as its new Chief Executive Officer effective May 15, 2003. Mr. Grivner succeeds Daniel Akerson Daniel F. Akerson is a Managing Director of The Carlyle Group and is Co-Head of the U.S. Buyout fund. He is also a director of American Express. • • , who resigned January 16, 2003. Mr. Grivner will join XO as a Member of the newly created Office of the Chairman effective May 1, 2003. "After a comprehensive search, I am pleased to announce that Carl Grivner will become XO's new Chief Executive Officer," said Carl Icahn Carl Celian Icahn (born February 16, 1936) is an American billionaire financier, corporate raider, and private equity investor. Carl Icahn Net worth is $14.5 Billion as of 2007 Forbes estimate. , Chairman of XO. "Carl Grivner most recently served as 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. at Global Crossing and he brings a wealth of experience in the telecom industry. His customer relationships, business acumen and leadership skills will be a tremendous asset to XO." Mr. Grivner's career in telecom and technology spans more than 25 years. Prior to joining Global Crossing in June 2000, Mr. Grivner served as Chief Executive Officer of Worldport Communications and before that he served as Chief Executive Officer, Western Hemisphere, of Cable & Wireless PLC. Additionally, Mr. Grivner has held various senior executive positions at Advanced Fiber Communications and Ameritech. Mr. Grivner began his career working in sales at 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) . He also served in the United States Marine Corps United States Marine Corps (USMC) Separate military service within the U.S. Department of the Navy (see U.S. Navy), charged with providing marine troops for seizure and defense of advanced bases and with conducting operations on land and in the air in connection with from 1974-1977. "I am pleased to be joining XO given its strong position in the industry," said Mr. Grivner. "With its strong balance sheet and the combination of its wide reaching broadband network assets and unique service offerings, XO is positioned to become a significant competitive force in the business telecommunications market. I look forward to developing XO into a market leader for its customers, employees and shareholders." About XO Communications: XO Communications is a leading broadband communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. offering a complete set of communications services, including: local and long distance voice, Internet access, Virtual Private Networking (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ), Ethernet, Wavelength, Web Hosting and Integrated voice and data services. XO has assembled an unrivaled set of facilities-based broadband networks and Tier One Internet peering relationships in the United States. XO currently offers facilities-based broadband communications services in more than 60 markets throughout the United States. XO, XO Not Just Talk and the XO design logo are trademarks of XO Communications, Inc. |
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