David Dorman - Later Career

Later Career

After Concert failed, Dorman became President of AT&T. On becoming CEO, he reorganized the company into 4 divisions, and floated AT&T Wireless in 2001, and merged AT&T Broadband with Comcast in 2002 - resulting in Chairman C Michael Armstrong leaving AT&T to run the new Comcast, while Dorman became CEO and Chairman of AT&T.

In 2003 AT&T became the largest provider of Internet services. With AT&T still under considerable debt, Dorman negotiated a merger with BellSouth that made him CEO, after F. Duane Ackerman had retired from BellSouth. However, the deal fell apart and on 18 November 2005 SBC Communications purchased AT&T. Dorman served as President of the combined company for a short while.

Read more about this topic:  David Dorman

Famous quotes containing the word career:

    “It is a great many years since at the outset of my career I had to think seriously what life had to offer that was worth having. I came to the conclusion that the chief good for me was freedom to learn, think, and say what I pleased, when I pleased. I have acted on that conviction... and though strongly, and perhaps wisely, warned that I should probably come to grief, I am entirely satisfied with the results of the line of action I have adopted.”
    —Thomas Henry Huxley (1825–95)

    “I’ve been in the twilight of my career longer than most people have had their career.”
    —Martina Navratilova (b. 1956)