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Home » Koen Resigns as CEO of Savvis

Koen Resigns as CEO of Savvis

January 10, 2010
in Uncategorized
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Phil Koen resigned as CEO of Savvis. The company announced that James E. Ousley will serve as interim chief executive officer until the company names a replacement. Jim Ousley has served as non-executive chairman of Savvis since May 2006 and as a director since April 2002.

Saviss also reaffirmed its 2009 guidance, which calls for adjusted EBITDA of $215 to $220 million, total cash CAPEX guidance between $120 and $140 million, cash interest expense of approximately $40 to $45 million, and adjusted free cash flow of $40 to $50 million.http:///www.savvis.net

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