Lumen will have a new CEO in place when election day rolls around 8 weeks from now. Current CEO Jeff Storey will be retiring, and the company is bringing in some outside talent to take his place. Kate Johnson has been named as Storey’s successor, and will take over on November 7 of this year.
Johnson most recently led Microsoft U.S. following stints at Oracle and GE. It’s interesting that Lumen has turned to someone with more experience on the software side than the communications side, which perhaps reflects the ever-rising importance of the IT and automation layer for service providers.
Storey will stay on through the end of 2022 to ensure a smooth transition. He first became CEO of Level 3 in 2013, taking over from the iconic James Crowe. He then oversaw the merger of Level 3 and CenturyLink three years later, becoming CEO of the combined company and the vast fiberoptic assets rolled up by both companies over the years.
Johnson will now target Lumen’s growth potential, which is the ever-present and unenviable challenge of every CEO of every large network operator in today’s marketplace.
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