Peter Crawford To Retire; Daniel Petri To Head International Telecommunications
November 9, 1998
|Media contact:||Susan Kraus,
David Frail, 212-395-7726
NEW YORK -- Bell Atlantic today appointed John F. Killian vice president - Investor Relations, assuming the responsibilities of Peter D. Crawford, who will retire next year after a 35-year career with the company.
Killian's appointment is effective Nov. 15, with Crawford staying on through the first quarter of 1999 to ensure an orderly transition. Daniel C. Petri will assume Killian's current responsibilities for Bell Atlantic's international wireline investments.
Crawford has been the driving force behind Bell Atlantic's relations with the investment community since the corporation's formation in 1984. He helped build its reputation on Wall Street as the most forward-looking of its peers during a period of dramatic change that has included the Bell Atlantic-NYNEX merger and the post-merger company's drive into new data and long distance markets.
"Pete Crawford has been tireless in his efforts to have the capital markets recognize the full value of Bell Atlantic," said Bell Atlantic Chairman- elect, President and CEO Ivan Seidenberg. "Whether he is articulating the broadest element of corporate strategy or the smallest details of an income statement, Pete does his work with a remarkable combination of smarts and passion. He is a powerful example of the difference that one person can make to a corporation."
Killian is currently group president - International Telecommunications, with responsibility for Bell Atlantic's international wireline investments and development of the corporation's global connectivity capabilities.
"John Killian is an extraordinary executive who brings a unique set of talents to the job of representing Bell Atlantic to the investment community," Seidenberg said. "Besides being thoroughly grounded in finance, he is experienced in Bell Atlantic's operations, planning and public policy. He has been the CEO of a publicly traded company, and a manager of international investments and operations. He knows our company and our strategies for building value, and he knows how to communicate them."
Killian served from March 1995 to June 1997 as chief operating officer, and then president and CEO, of NYNEX CableComms, one of the largest cable TV and telecommunications companies in the United Kingdom. He helped lead CableComms during its successful initial public offering in spring 1995, and as CEO he took it through its 1996-97 merger with three other UK companies into Cable & Wireless Communications.
Killian, a certified public accountant, joined New England Telephone in 1979 after several years at Peat, Marwick, Mitchell & Co. He moved through positions of increasing responsibility at New England Telephone, AT&T and NYNEX, and in 1992 was named vice president - Massachusetts for New England Telephone, where he led the company's successful efforts to have a new form of state regulation established.
Killian holds a B.S. in business administration from Providence College and an M.S. from Bentley College.
Petri, currently president - Global Systems, has been named president - International Telecommunications. He will add oversight of Bell Atlantic's international wireline investments to his current responsibilities for Bell Atlantic's global connectivity efforts.
Bell Atlantic is at the forefront of the new communications and information industry. With 42 million telephone access lines and 8 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.