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."
CenturyLink Inc. (NYSE: CTL)