ADC makes senior management changes

Oct. 24, 2001
October 24, 2001 Telecom company eliminates COO position, plans to trim as many as 150 management positions.

ADC (www.adc.com) announced a new organizational structure that includes immediate restructuring of its executive management, and broader executive-management realignments that will be completed sometime in November.

ADC will eliminate the position of chief operating officer. Current COO Lynn Davis will retire effective November 1; Rick Roscitt, currently chairman and chief executive officer, will also assume the role of president of ADC. Bob Switz, chief financial officer and senior vice president, will be promoted to executive vice president. He will assume expanded responsibilities for the company's corporate functions.

ADC said it also will eliminate 100 to 150 managerial positions. Additionally, Larry Ford, senior vice president and previous head o ADC's Integrated Solutions Group, will become president of the company's Wireline Business, including its DSL offerings.

"After careful consideration, I view this organizational streamlining effort as an essential way to speed up our decision-making and implementation processes," Roscitt said. "I firmly believe that the new market realities in worldwide telecom will award a decisive market-share advantage to firms that can make and implement decisions consistently faster than competitors."

Sponsored Recommendations

imVision® - Industry's Leading Automated Infrastructure Management (AIM) Solution

May 29, 2024
It's hard to manage what you can't see. Read more about how you can get visiability into your connected environment.

Global support of Copper networks

May 29, 2024
CommScope designs, manufactures, installs and supports networks around the world. Take a look at CommScope’s copper operations, the products we support, our manufacturing locations...

Adapt to higher fiber counts

May 29, 2024
Learn more on how new innovations help Data Centers adapt to higher fiber counts.

Going the Distance with Copper

May 29, 2024
CommScopes newest SYSTIMAX 2.0 copper solution is ready to run the distanceand then some.