Cable & Wireless has appointed a new chief executive to head its US division, just days after former chief executive Rich Yalen quit after a reported fall out with his boss. (see earlier story)
New kid on the block Denny Matteucci has spent 35 years in IT, most recently with Compuserve - ideal preparation for leading the now very Internet-focused Cable & Wireless US, a spokesman for the company claimed today.
Cable & Wireless became one of America's largest ISPs in September after acquiring the Internet assets of rival US carrier MCI - a requirement before regulators would permit MCI to complete its merger with WorldCom.
Cable & Wireless earlier confirmed that Yalen, after a six-year run, had left the company, but declined to comment on a report in the 'Wall Street Journal' that his departure followed a disagreement with his boss Carl Grivner, head of Cable & Wireless' US, Caribbean and Panamanian operations.
Grivner said he welcomed Matteucci to the post, and looked forward to working with him "to build on the excellent foundation created by our newly combined Internet and long distance communications business."
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