EarthLink gets a new CEO
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As the Internet service provider navigates rough waters, a chief executive known for fiscal prudence takes the helm.
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Earthlink on Tuesday said it now distributes software that lets people make free unlimited calls over a broadband connection. EarthLink Free Online Calling is anything but revolutionary.
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NBC Universal named Jeff Zucker as its new chief executive on Tuesday, a widely expected move that caps a fast rise to the top by the 41-year-old television network executive.
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The low-fare carrier named a chief operating officer, shoring up its management just weeks after suffering a service meltdown.
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Paul Otellini, currently president and COO, will replace outgoing chief Craig Barrett in May.
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Corporations are adding a new title to the executive suite â chief sustainability officer â not just an environmental watchdog, but someone to oversee the effort to go green.
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Electronic Data Systems Corp. named Ronald A. Rittenmeyer, president and chief operating officer, to succeed Michael H. Jordan as chief executive of the company.
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(InfoWorld) - EarthLink's current contract to build a municipal Wi-Fi network in San Francisco appears to be dead followingÂ a restructuring of the struggling Internet service provider. The deal, hammered out in months of negotiations last year and completed in January, calls for EarthLink to build a citywide network at no cost to the city and sell high-speed service to residents while Google provides a free, slower service over the same network. But after announcing layoffs of nearly half its workforce and a gloomier financial forecast, EarthLink said Wednesday it won't invest any more money in that business model. "We will not devote any new capital to the old muni Wi-Fi model that has us taking all of the risk by fronting all of the capital, then paying to buy our customers one by one," President and CEO Rolla Huff said on a conference call Wednesday morning. That includes currently planned networks where the company hasn't yet made capital investments, EarthLink spokesman Jerry Grasso confirmed. In San Francisco and other such cities, networks would have to be built under new arrangements. "We will approach them to discuss the needed changes to the business model," Grasso said. He declined to comment on the state of discussions with any particular city. San Francisco's deal with EarthLink has yet to be approved by the city and county's Board of Supervisors, where it faces fierce opponents. The deal is due for a vote in the Board's Budget and Finance Committee next week that could send it on for full board approval. But the changes at EarthLink appear to make the current contract a dead issue. EarthLink's municipal Wi-Fi woes come as the company struggles across most of its businesses and as the overall climate for municipal Wi-Fi changes. The promise of free networks supported by advertising or residential subscriptions has faded, and EarthLink and other network providers are looking to local government as "anchor tenants" that support the projects by buying services. Chicago, which had been talking with EarthLink and others about a citywide Wi-Fi project, dropped the plan this week, citing high cost and low subscriber interest. The company forecast municipal Wi-Fi capital investments of $30 million to $35 million in 2007 as it completes projects already begun in Philadelphia; Corpus Christi, Texas; and Anaheim, California, but is not forecasting any capital spending on municipal networks in 2008, Grasso said. Aaron Peskin, president of San Francisco's Board of Supervisors, approached EarthLink earlier this year with proposed amendments to the Wi-Fi deal that he hoped would make it more palatable to opponents. However, he rejected the idea of anchor tenancy, saying the city's departments weren't ready to use the Wi-Fi network. Neither Peskin nor San Francisco city officials were immediately available for comment.
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John Pluthero, the combative executive chairman of Cable & Wireless, has begun his shake-up of the telecoms group's international division by replacing two key managers.
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By The Associated Press  In a May 21 story about municipal wireless projects, The Associated Press erroneously reported that EarthLink Inc. suspended new bids. The company said it won't seek as many bids, but isn't completely ruling out new ones.
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By The Associated Press  SAN ANTONIO - After an acquisition binge that transformed the smallest Baby Bell into a telecommunications heavyweight, AT&T Inc. is undergoing another change today: a new chief executive.
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EarthLink Inc  said on Tuesday  it will cut about 900 jobs as part of a restructuring to reduce  costs, and its board authorized an additional $200 million  share buyback, sending its shares up 10 percent.
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The executive who leads Microsoft&#39;s government sales effort is leaving to become CEO of a telecommunications company, the software maker said on Tuesday.
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CNN News Group on Monday said it has tapped an online media CEO and news veteran as its new president overseeing US news, just a little over a year after hiring a former local TV newsman to run its domestic operations.
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Australian telecommunications giant Telstra is looking for a new CEO to handle its full privatization after incumbent Ziggy Switkowski resigned Wednesday.
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The security company, which has been without a permanent CEO since October, taps Dave DeWalt to be its new chief.
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A new CEO and a new wind power order bode well for the company.