AUSWR
The Association of U S West Retirees
 

 

 

Another Qwest exec cashes out options
Business briefs
Rocky Mountain News
Wednesday, November 15, 2006



Barry Allen, Qwest's executive vice president of operations, has exercised 1.2 million options and sold the stock for a pretax profit of $6 million, according to a federal regulatory filing Tuesday.

Allen becomes the fourth Qwest executive to exercise large chunks of options in the past week.  Altogether the four, including CEO Dick Notebaert, have netted a pretax profit of nearly $50 million.

Compiled from News staff, The Associated Press, Bloomberg News, Scripps Howard News Service.
http://www.rockymountainnews.com/drmn/other_business/article/0,2777,DRMN_23916_5144115,00.html