07.10.1997|Corporate

GTE announces senior staff for its consolidated Finance and Planning organization.

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STAMFORD, Conn. -- GTE Corp. today announced the senior staff for its new consolidated world headquarters Finance and Planning organization. The appointments report to J. Michael Kelly, GTE executive vice president - finance and planning, and are effective immediately.

The positions initially will be based in Stamford but will relocate, as previously announced, to the Dallas area beginning later this year.

Dan J. Cohrs, 44, was named vice president and chief planning & development officer. He is responsible for corporate-wide development activities including mergers, acquisitions and strategic transactions, as well as strategic planning, competitive analysis and the coordination of business unit planning and development activities. Cohrs, who most recently served as vice president and treasurer, joined GTE in 1993 after holding executive positions in finance and planning with Northwest Airlines and Marriott Corporation.

William M. Edwards, 49, was appointed vice president and controller. He is responsible for all GTE accounting and public financial reporting, auditing, and budgets and analysis functions as well as the restructuring of corporate-wide financial processes to ensure the standardization necessary to yield improved efficiencies and productivity.

Edwards served as vice president and controller for GTE Telephone Operations since 1993 and held various financial positions in Contel and GTE starting in 1974.

Daniel P. O'Brien, 43, was named vice president and treasurer and assumes responsibility for GTE's worldwide treasury operations, including all capital markets and financing activities, cash management, insurance, risk management, real estate and leasing. O'Brien most recently was assistant treasurer - capital markets and served in financial assignments for GTE Sylvania/Electrical Products beginning in 1983.

With revenues of more than $21 billion in 1996, GTE is one of the largest publicly held telecommunications companies in the world.

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