Don Reed Resigns as NYNEX President and Group Executive; Toby Webb Appointed as Replacement, Will Serve on New Bell Atlantic Board.NEW YORK--(BUSINESS WIRE)--August 6, 1997-- -- Reed to Accept Post as Chief Executive at Cabletron in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). -- NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange today announced that Don Reed will resign his post as president and group executive for External Affairs and Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. to accept a position as president and chief executive officer of Cabletron Systems in Rochester, N.H. Morrison DeS. (Toby) Webb, executive vice president and general counsel of NYNEX, has been named by NYNEX Chairman Ivan Seidenberg Ivan G. Seidenberg (born December 10, 1946) is the CEO of Verizon Communications. As chairman and chief executive officer of Verizon Communications Inc., formerly Bell Atlantic and previously NYNEX, Seidenberg steered those companies through two of the largest to replace Reed, who will assume his new post effective Sept. 1. Following the close of NYNEX's merger with Bell Atlantic -- expected within days, pending FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. approval -- Webb will become executive vice president of External Affairs and Corporate Communications for the new Bell Atlantic. In this capacity, Webb also will be nominated for the Board of the newly merged company. In a statement, Seidenberg said: "We could not have come this far in the merger process without Don Reed. He is known in our company and in the industry as someone who successfully takes on the toughest challenges, and he is admired as someone who can work with both friend and foe Friend and Foe is the third release from the Portland, Oregon-based band Menomena. It was released January 23, 2007 by Barsuk Records. The cover art is designed by Craig Thompson, writer and illustrator of the award-winning graphic novel Blankets. to get the job done. "Don is a top-notch negotiator who worked to achieve progressive state regulation and to sign trend-setting labor agreements. As president of New England Telephone Verizon New England, Inc., formerly New England Telephone & Telegraph Co., is a Bell Operating Company that serves the majority of New England. It is an operating unit of Verizon Communications. New England Telephone & Telegraph Co. and, earlier, of our directory publishing business, he established his reputation as one of the region's top business leaders. More recently, he has recruited outstanding talent to our External Affairs team. "Although I am personally and professionally disappointed to lose an executive of such high caliber, I understand his decision to accept Cabletron's offer. Few people are as deserving to be a chief executive. Seidenberg continued: "At the same time, we are fortunate to have the talent on our team to fill this key position with an exceptionally well-qualified replacement. "Toby Webb has been one of our company's most trusted and respected executives. I rely on his intelligence and depth of knowledge, his cool under fire, and his track record for success as a team-builder and leader. Not only is Toby one of the industry's leading legal minds, he also has developed a broad base of business experience as a strategic marketing planner and as the former head of our Government Affairs activities in Washington and New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. ." Reed was named president and group executive of NYNEX in January 1995. Prior to this, he was president and chief executive officer for NYNEX in New England since June 1993 and executive vice 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. of New England Telephone since April 1991. He was also president of NYNEX Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. Company, the corporation's directory publishing subsidiary, in the late '80s. He joined New England Telephone in 1966. Webb has been executive vice president and general counsel of NYNEX since February 1995. He assumed additional responsibilities as Corporate Secretary in May 1995. Prior to this, he was vice president - General Counsel and Government Affairs for NYNEX in New England. He had been elected vice president - General Counsel of New England Telephone in 1991. Webb earned his doctorate in law from Harvard University and served as an attorney in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of before beginning his telecommunications career in 1980 as an attorney for New England Telephone. In 1986, he became NYNEX's corporate director for Strategic Marketing, responsible for coordinating long-range marketing plans for NYNEX's telecommunications network subsidiaries. From 1987 to 1991, he served as vice president - NYNEX Government Affairs, responsible for directing and overseeing the activities of NYNEX's Washington office and its business with the U.S. Congress, the FCC and other government agencies. A resident of Harrison, N.Y., Webb had been scheduled to become Corporate Secretary of the new Bell Atlantic. That position will now be filled by P. Alan Bulliner, Secretary of the current Bell Atlantic Corporation. As a Board member-designate for the new Bell Atlantic, Webb joins Seidenberg and Vice Chairman Frederic V. Salerno as the three NYNEX members of the new Board. The current Bell Atlantic will also be represented by three members: Chairman Raymond W. Smith Raymond W. Smith is the Chairman of Rothschild North America, and the Chairman of Arlington Capital Partners. He holds a B.S. degree from Carnegie-Mellon University and an M.B.A degree from the University of Pittsburgh. and Vice Chairmen Lawrence T. Babbio, Jr. and James G. Cullen. CONTACT: NYNEX, New York Susan Kraus, (212) 395-0500 |
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