Deals
CenturyLink Taps Business Telecom Veteran for CEO Succession
- Jeff Storey has been the top executive at Level 3 since 2013
- Companies expect to complete their merger by this fall
This article is for subscribers only.
Level 3 Communications Inc. Chief Executive Officer Jeff Storey will become CEO of CenturyLink Inc. in 2019, a win for an activist investor who sought a telecom veteran to lead the combined operation following the companies’ $34 billion merger.
CenturyLink’s current top executive, Glen Post III, 64, will remain in his role until then and become executive chairman, according to a statement Thursday. Storey, 57, will be CenturyLink’s president and operating chief during a transition period.