AUSWR
The Association of U S West Retirees
 

 

 

Qwest executive Allen to retire
By Andy Vuong, Staff Writer
Denver Post
Wednesday, June 6, 2007

Qwest announced today that Barry Allen, executive vice president of operations, is retiring effective June 29.

The announcement comes two months after the company's former chief financial officer, Oren Shaffer, retired.

Allen and Shaffer were generally viewed as the top two executives behind chief executive Dick Notebaert.

"It is now time to close this chapter of my career with Qwest, as I have decided to spend more time with my family," Allen said in a statement.

Allen joined Qwest in the summer of 2002 and helped rebuild a company that was on the verge of bankruptcy.  Qwest has posted five straight quarterly profits, and its stock price is trading near five-year highs.

Qwest stock closed today at $10.20, down 8 cents.

Qwest will shift its operations structure after Allen's departure.  Currently, both the company's chief information officer, Girish Varma, and chief technology officer, Pieter Poll, report to Allen.

Effective June 29, Varma will report to Dan Yost, executive vice president of product management.  Poll will report to Robert Tregemba, who will assume the new role of executive vice president of network operations.

Staff writer Andy Vuong can be reached at 303-954-1209 or avuong@denverpost.com.

http://www.denverpost.com/business/ci_6067215