Market Overview

Peter D. Aquino Named Executive Chairman of the Board of Directors of Primus

Primus Telecommunications Group (NYSE: PTGI) announced today that its Board of Directors has appointed Peter D. Aquino Executive Chairman of the Board and appointed Andrew Day, 47, North America Chief Executive Officer, to PTGi's President and Chief Executive Officer, effective January 1, 2013.Peter D. Aquino stated, "An outstanding operator, Andy has established a track record of success in leading Primus North America through growth and transition over the past two years, creating BLACKIRON Data, PTGi's suite of 8 leading data centers, and a North America Telecom business that now includes Primus Canada and our U.S. Retail business. After the sale of Primus Australia, the new PTGi is a North American-centric opportunity and Andy is highly qualified to manage the daily operations of our various business segments. I will continue to lead our corporate strategy and initiatives, and look forward to assisting Andy in reaching our 2013 financial and operating objectives."Andrew Day had been serving as PTGi's North America CEO for the past year. Prior to holding this position, since June 2009, he was the Chief Operating Officer/CEO of PTGi's Canadian

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Posted-In: Earnings News Guidance Management Global

 

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