Level3: Kevin O’Hara steps down as president and COO
Level 3 Communications, Inc. (NASDAQ:LVLT) announced that Kevin O’Hara, one of the founders, is stepping down as the company’s president and chief operating officer, effective immediately.
Neil Hobbs, currently executive vice president, sales and network services, has been appointed to the newly created position of executive vice president, operations. Neil Hobbs and Jim Crowe (CEO) will be assuming Kevin O’Hara’s responsibilities going forward. Jim Crowe will assume the additional title of president.
Sunit Patel will continue in the role of chief financial officer. This comes partly as a suprise, as Level3 announced in October last year that they were beginning the search of a new CFO.
As part of the internal finance organization changes, the company appointed Neel Dev to the new position of senior vice president, finance with responsibility for financial planning, budgeting and analysis for operations and the company’s customer facing market groups.