Bell Atlantic Directory Group President
Matthew J. Stover
To Leave the Company
John W. Diercksen Named Acting Group President
Dec. 22, 1999
NEW YORK -- Bell Atlantic announced today that Directory Group President Matthew J.
Stover will leave the company at the end of the year to pursue new
In his current position, Stover is responsible for the corporation's $2.4
billion print and online directories business in the United States, and the
operations of Global Directory Services Company in the Czech and
Slovak Republics, Gibraltar, Poland, Greece and China.
John W. Diercksen, chief financial officer and chief information officer of
the Directory Group, will serve as acting group president -- Directory until
the Bell Atlantic-GTE merger is completed.
"Mat Stover's vision led us to create BigYellow, the first Yellow
Pages on the Internet," said Bell Atlantic Chairman and CEO Ivan
Seidenberg, "and his willingness to be a consummate team player
has helped us all focus on what we need to do to grow Bell Atlantic as a
whole. Besides helping us start up Internet businesses, he streamlined the
traditional print directory business, made it more efficient and innovative,
and helped us expand overseas by creating
Global Directory Services Company. Thanks to his contributions, we are
well positioned to capitalize on the combination of Bell Atlantic and
GTE's online directories and e-commerce services for small and medium
businesses, as well as the merger of their print operations. Mat has been a
friend, and I know he will succeed in whatever he chooses to do."
Stover has overseen directory and information services operations since
1994, first at NYNEX and then Bell Atlantic. Previously he was president
and CEO of AGS Computers, Inc., a group of NYNEX-owned computer
services and software applications businesses. From 1990 to 1993, he was
NYNEX vice president -- Public Affairs and Communications, which he
joined after having been senior vice president -- Communications for
American Express Company. From 1983 to 1987, Stover was with New
York Telephone, where he had responsibility for executive
communications and then telephone operations in midtown Manhattan.
Stover is chairman of the board of the Yellow Pages Publishers
Association, and will continue to represent Bell Atlantic in that role until
the completion of the Bell Atlantic-GTE merger.
In his 13-year career with Bell Atlantic companies, John Diercksen has
served in a variety of senior positions, including terms as controller and
treasurer of the NYNEX Telecommunications Group and CFO of
NYNEX's New York telephone operations. He became CFO of the
Directory Services Group since August 1997, and added responsibilities as
CIO in May 1998.
Bell Atlantic is at the forefront of the new communications and
information industry. With more than 43 million telephone access lines
and 10 million wireless customers worldwide, Bell Atlantic companies are
premier providers of advanced wireline voice and data services, market
leaders in wireless services and the world's largest publishers of directory
information. Bell Atlantic companies are also among the world's largest
investors in high-growth global communications markets, with operations
and investments in 23 countries.