MONROE, La. -- CenturyLink announced Neel Dev has been named executive vice president and chief financial officer, effective immediately.
Dev, who has served as interim CFO since Sunit Patel's departure from the company in September, now has global responsibility for CenturyLink's financial planning, accounting, tax, treasury, procurement and supply chain management and real estate portfolio.
Dev previously served as CenturyLink's group vice president of finance and was with Level 3 for 13 years prior to the CenturyLink acquisition. He has more than 20 years of experience in the telecommunications industry in both financial and operational roles.
"Neel's extensive telecommunications experience has prepared him well to serve as CenturyLink's next CFO. He and I have worked closely together for many years and I am highly confident in his ability to successfully lead our finance organization," said Jeff Storey, president and CEO of CenturyLink. "As our new CFO, I know Neel will continue to drive financial discipline across our company, focused on operational efficiency and enabling profitable revenue and adjusted EBITDA growth."
Added Dev: "I am looking forward to working with Jeff on continuing to focus the business on execution as we begin our transition from integration to transformation. I'm excited to continue to be part of the management team at CenturyLink in this next phase of our business."
Kirsten Rundberget, open strategy lead at Fujitsu Network, discusses the industry's advances — and challenges — in the complex yet beneficial area of open technologies, and why service providers should get involved, even if they don't yet plan to deploy.
Tune in to Broadband World News Radio on Thursday, November 1 at 8 a.m. PT, 11 a.m. ET, 3 p.m. UK as Ronan Kelly, CTO, EMEA & APAC Regions at ADTRAN, explores the five pillars of network integrity -- a topic he discussed during his recent Broadband World Forum keynote. Register now!
Fast, reliable broadband is essential to how we live, work and play today – and the upcoming arrival of 5G will only further increase demand and reliance on fiber infrastructure. Already viewed by consumers as intolerable, delays, outages or the regular maintenance difficulties associated with operating a network will become further exacerbated when residential subscribers further rely on connected devices for day-to-day life. Just as providers deploy network automation tools to reduce operational issues, they must take similar care to manage consumer expectations when they roll out fiber or new services. This webinar features leaders who will discuss how to manage marketing and consumer expectations at every stage of the network lifecycle. Marketing professionals, c-level executives and policymakers interested in drumming up fiber envy should attend.