Global Crossing CEO Resigns.Global Crossing Ltd. announced the resignation of Chief Executive Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. J. Hindery Jr., who becomes the second 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. to leave the upstart telecommunications firm in less than a year. Thomas Casey Thomas Casey may refer to:
Casey, a close associate of Global Crossing Chairman Gary Winnick, currently doubles as the president of Pacific Capital Group, a private investment company owned by Winnick. Casey becomes the fifth CEO hired by Winnick in less than four years. Winnick founded Global Crossing, which has executive offices in Beverly Hills, in early 1997 and remains the largest shareholder and a dominant figure at the firm. The unexpected departure of Hindery, a 15-year communications industry veteran who brought a mix of deal-making and industry expertise to the young company, is likely to further rattle beleaguered be·lea·guer tr.v. be·lea·guered, be·lea·guer·ing, be·lea·guers 1. To harass; beset: We are beleaguered by problems. 2. To surround with troops; besiege. investors in Global Crossing. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion