RealTime IT News

Dorman to Depart 'New AT&T'

AT&T Chairman and CEO Dave Dorman won't be around for long after Ma Bell's multi-billion-dollar sale to SBC closes next month.

Dave Dorman
Dave Dorman
Source: AT&T

The 51-year-old will become president and a director at the combined company "for a brief transition period, after which he will resign from both positions," according to an SBC statement issued Thursday.

Dorman, who engineered the sale of the venerable company, which was struggling because of sliding long-distance revenues, will stay on, however, as a consultant to the new company, which will go by the AT&T name.

Edward Whitacre, SBC's chairman and CEO, will also be chairman and CEO at the telecom giant and is drawing on executives from both companies during and after the integration.

"This is a superior management team. They are the best in the industry, and I am confident they will do an outstanding job at this critical time in our company's history," Whitacre said in a statement. "We are looking forward to hitting the ground running the minute the merger closes."

Other key executives include Forrest Miller who will be group president of AT&T. Miller will oversee the network, enterprise and consumer operations of the existing AT&T, as well as AT&T Labs. He will also help lead the integration.

Randall Stephenson will be COO, retaining his current responsibilities and also helping combine the two companies.