BAN Banco Lat.8%Pfd

RNS Number:6780E
Bell Atlantic Corp
28 January 2000


Contacts:
John Killian
212-395-1152

George Lieb
972-507-2462

   
             Bell Atlantic and GTE Designate Senior Executives
                               For Merged Company

Bell Atlantic and GTE today further defined the structure of the company they
are forming through their merger by designating 23 senior executives for
leadership positions in key business units and corporate organizations.

The designations take effect upon completion of the merger, which the companies
aim to conclude around the end of the first quarter.

                                     Telecom

The new company's telecom business, the largest in the U.S., will be led by the
following executives, who will report to Lawrence T. Babbio, designated vice
chairman and president:

-  Frederick D. D'Alessio, Bell Atlantic group president - consumer services,   
  will be president - advanced services, overseeing long distance,
   digital subscriber line services, competitive local exchange activities, web
   hosting and video services.

-  Bruce S. Gordon, Bell Atlantic group president - enterprise business,
   will be president - retail markets, with responsibility for consumer and     
  general business customers.

-  Paul A. Lacouture, Bell Atlantic group president - network services,
   will be president - wholesale markets, with responsibility for sales and     
  services to wholesale customers, and for all network technology and           
 engineering.

-  Eduardo R. Menasce, chairman and CEO of CTI, GTE's wireless venture in
   Argentina, will be president - enterprise solutions, focusing on large
   business customers and strategic accounts.

-  Elleen 0. Odum, regional president - Northwest for GTE, will be president
   - national operations, with responsibility for all aspects of service
   provisioning and customer care.

-  Doreen A. Toben, Bell Atlantic vice president and controller, will be
   senior vice president and Telecom CFO.


              Internetworking, Information Services and International

Reporting to Michael T. Masin, designated president and vice chairman,
will be leaders of GTE Internetworking and the new company's information
services and international operations:

-  Paul R. Gudonis will continue as president of GTE Internetworking, GTE's
   Internet backbone and data services business. Reporting to Gudonis will
   be Joseph C. Farina, president and CEO of Bell Atlantic's Data Solutions
   Group, who will be executive vice president and COO, and Daniel P. O'Brien,  
  GTE executive vice president -Finance and CFO, who will be executive vice     
 president and CFO.

   Under a proposal filed with the FCC on Jan. 27, upon the close of the
   merger GTE Internetworking will become an independent company with public
   shareholders, and Gudonis will become CEO.

-  Katherine J. Harless, president - GTE Airfone, will be president -
   information services, with responsibility for directory publishing and
   online services.

-  Thomas A. Bartlett, Bell Atlantic president and CEO - international
   wireless, will become president - global network and transport
   solutions, with responsibility for international connectivity and long
   distance.

-  Daniel C. Petri, Bell Atlantic president - international telecommunications, 
  will be president - International, Europe/Asia.

-  Fares F. Salloum, GTE senior vice president - international operations,
   will be president - International, The Americas.

-  Alfred C. Giammarino, GTE senior vice president - international finance,
   will be senior vice president and CFO for Masin's group.


                                Wireless

The companies also named the leaders of the national wireless business being
formed through the Bell Atlantic-GTE merger and the combination of the U.S.
wireless assets of Bell Atlantic and Vodafone AirTouch. They will report
to the venture's designated president, Dennis F. Strigl:

-  Lowell. C. McAdam, president and CEO of PrimeCo Personal Communications,
   will be executive vice president and COO.

-  Edward Langston, CFO of the USA/Asia Pacific region for Vodafone AirTouch,   
  will be vice president and CFO.

-  Richard J. Lynch, executive vice president and Chief Technical Officer
   for Bell Atlantic Mobile, will hold the same position in the new company.

                      
                           Corporate Leadership

Two of the senior executives designated today will report directly to 
Charles R. Lee and Ivan Seidenberg, who will be co-CE0s of the new company:

-  James A. Attwood, GTE executive vice president - strategic development
   and planning, will be executive vice president - strategy, development and
   planning.
                                       
-  Mary Beth Bardin, GTE senior vice president - public affairs and
   communications, will be executive vice president - public affairs and
   communications.

Reporting to Frederic V. Salerno, designated vice chairman and CFO, will be:

-  William F. Heitmann, Bell Atlantic acting treasurer and vice president -
   asset management, will be vice president and treasurer.

-  Lawrence R. Whitman, GTE vice president - finance and planning, will be
   vice president and controller.

-  John F. Killian, Bell Atlantic vice president - investor relations, will
   hold the same position in the new company.

Thomas J. Tauke, Bell Atlantic senior vice president - government relations and
acting executive vice president - external affairs and corporate communications,
will be senior vice president -public policy and external
affairs, reporting to William P. Barr, executive vice president and general
counsel of the new company.

   
END
MSCVVLFLBFBLBBF

Banco Lat.8%Pfd (LSE:BAN)
Historical Stock Chart
From Jun 2024 to Jul 2024

Banco Lat.8%Pfd (LSE:BAN)
Historical Stock Chart
From Jul 2023 to Jul 2024