Viatel announced the resignation of its Chairman and CEO, Michael J. Mahoney, after five years at the helm of the company. No reasons were given. Leslie Goodman, one of the Company’s outside directors, has been named as non-executive Chairman. A search for a new CEO is underway.
http://www.viatel.com
- Last month, Viatel acquired Netcom Internet Limited, an ISP focused on business customers in the UK, and Cybernet (Schweiz) AG, a Swiss ISP.
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Viatel operates a multiduct, 7,000 km fiber network linking major European cities. Viatel emerged from bankruptcy protection in June 2002.