Feb 26, 2002 : Global Crossing Appoints New COO
📅 - After suffering one of the largest bankruptcy filings in history, Global Crossing Ltd., (globalcrossing.com), has re-shuffled its executive team naming Carl Grivner chief operating officer and Anthony Christie as senior vice president of product management effective immediately.
Filling a spot that had been open since October, Global Crossings said today it has also realigned its senior management team under chief executive Tom Casey. David Walsh, former co-chief operating officer, will now step into new shoes as the company's new president and its sole chief operating officer. Walsh will report to Casey, and will be responsible for the company's global operations, including the network, sales and marketing, product development and delivery, and customer care.
Grivner, who had been serving as executive vice president of global operations, will oversee sales and marketing for enterprise and carrier customers, product management and global operations. He will continue to report directly to Legere, chief executive officer of Global Crossing. Christie will be responsible for the development, deployment and on-going management of the company's product and services suite, reporting to Grivner.
"We're putting Carl into position to help us meet our financial targets while we conserve resources by bringing three key functions - sales and marketing, product management and global operations - under one leader," Legere said. "Carl will enhance the day-to-day operations for the company, and Anthony will concentrate on the products and services offered over our global fiber optic network, allowing me to drive our overall strategic restructuring and manage crucial communications."
In November, Global Crossing reported an operating loss of $330 million for the three months ended Sept. 30, 2000, after taking into account depreciation, amortization, goodwill, intangibles, stock related expenses, non-cash cost of capacity sold and the change in the cash portion of deferred revenue. During the same period last year, the company reported a loss of only $139 million, under the same criteria.
Attempting to build one of the world's largest global, IP-based fiber optic networks, the company plans to serve five continents, 27 countries and more than 200 major cities with its services.
Filling a spot that had been open since October, Global Crossings said today it has also realigned its senior management team under chief executive Tom Casey. David Walsh, former co-chief operating officer, will now step into new shoes as the company's new president and its sole chief operating officer. Walsh will report to Casey, and will be responsible for the company's global operations, including the network, sales and marketing, product development and delivery, and customer care.
Grivner, who had been serving as executive vice president of global operations, will oversee sales and marketing for enterprise and carrier customers, product management and global operations. He will continue to report directly to Legere, chief executive officer of Global Crossing. Christie will be responsible for the development, deployment and on-going management of the company's product and services suite, reporting to Grivner.
"We're putting Carl into position to help us meet our financial targets while we conserve resources by bringing three key functions - sales and marketing, product management and global operations - under one leader," Legere said. "Carl will enhance the day-to-day operations for the company, and Anthony will concentrate on the products and services offered over our global fiber optic network, allowing me to drive our overall strategic restructuring and manage crucial communications."
In November, Global Crossing reported an operating loss of $330 million for the three months ended Sept. 30, 2000, after taking into account depreciation, amortization, goodwill, intangibles, stock related expenses, non-cash cost of capacity sold and the change in the cash portion of deferred revenue. During the same period last year, the company reported a loss of only $139 million, under the same criteria.
Attempting to build one of the world's largest global, IP-based fiber optic networks, the company plans to serve five continents, 27 countries and more than 200 major cities with its services.
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URL source: http://www.thewhir.com/marketwatch/gc022602.cfm
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