Light Reading

Rick Roscitt Rabbits Off

Light Reading
News Analysis
Light Reading
4/26/2004
50%
50%

Some revolving doors spin faster than others, and it seems one wasically wabbit got caught in a wapid wevolver at MCI's (Nasdaq: WCOEQ, MCWEQ) headquarters.

Wick- er, Rick Roscitt had barely warmed the president's throne with his executive fundament before he was on his way again, lasting just seven months and three days. But where's he at now?

Roscitt bailed from struggling ADC Telecommunications Inc. (Nasdaq: ADCT) to join MCI as its president and COO last August (see ADC CEO Jumps Ship to MCI). The carrier lauded his 30 years of experience as CEO of ADC and president of AT&T Corp.'s (NYSE: T) Business Services division and AT&T Solutions.

"I am confident that Rick's leadership, energy, and telecom experience will serve MCI well as we emerge from Chapter 11," gushed MCI's CEO Michael Capellas at the time (see MCI Names Prez/COO).

But Roscitt has already done a bunk from MCI following a shift in senior management last month, when former U.S. Attorney General Nicholas Katzenbach, who has been a board member since July 2002, was named as the carrier's non-executive chairman. Capellas had until then been chairman as well as CEO, but he managed to retain a dual role by taking on Roscitt's job as president as Katzenbach took the chair.

So was Roscitt squeezed out? Or did he never really fit in? MCI is, predictably, saying next to nothing about the affair. "When Mr Katzenbach was elected by the board, Roscitt did an assessment of the situation at MCI and decided it was time to leave and pursue other opportunities," says a spokesman, who didn't know what those other opportunities might be [ed. note: more time with the family, no doubt].

Roscitt would surely be watching from afar as MCI finally emerges from bankruptcy protection, and we're keen to know what he's up to, as it'd be a shame to see such experience go to waste just as the telecom sector appears to be recovering (see MCI Starts a New Chapter).

Will he turn up at one of the RBOCs, or even his old Ma Bell hunting ground, with the inside track on MCI? Or maybe he's just spending more time with his lovely parting gifts? If you're out there, Rick, or if anyone knows where Roscitt's headed, we'd love to hear from you.

Meanwhile, we'll be vewy, vewy quiet while hunting for him...

— Ray Le Maistre, International Editor, Boardwatch

(1)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
rogermarks
50%
50%
rogermarks,
User Rank: Light Beer
12/5/2012 | 1:56:05 AM
re: Rick Roscitt Rabbits Off
According to the local newspaper, Roscitt just sold his house in NJ for $2.2 million.
Flash Poll
From The Founder
The New IP is actually bigger even than business. Like another hugely important tech that Light Reading is digging into right now, the New IP has the potential to change the world by fundamentally advancing what it is possible for people to achieve with communications.
Between the CEOs
EXCLUSIVE: Cisco's Chambers on Reinvention

3|3|15   |   8:24   |   (0) comments


Light Reading CEO Steve Saunders talks transformation and virtualization – including Light Reading's independent testing of the vendor's virtualization solutions – with Cisco CEO John Chambers at Mobile World Congress in Barcelona.
LRTV Documentaries
The Three Cs of MWC15

3|2|15   |   2:33   |   (1) comment


My visit to this year's Mobile World Congress is going to dominated by three Cs – cloud, cells and coffee.
LRTV Huawei Video Resource Center
Huawei Shares Its Vision of the Future of Mobile Networks Innovations

2|26|15   |   2:30   |   (0) comments


Mobile broadband is changing our lives. It's reshaping the Internet, industry, and society. It allows us to freely connect with one another anytime, anywhere. At this year's Mobile World Congress, Huawei will share its latest insights and newest ideas and technologies that will shape the future of MBB. They will showcase their end-to-end MBB solutions that will ...
LRTV Huawei Video Resource Center
Accelerate Digitizing, Boost Digital Business

2|26|15   |   6:14   |   (0) comments


A new digital revolution is leading us to a better connected world. Together with millions of digital partners, Huawei will help CSPs to build their digital service ecosystem and aggregate a wide variety of digital services. In this video, we find out how Huawei is going to help CSPs implement digital operations.
LRTV Huawei Video Resource Center
The Secret Recipe to Enabling Hyper-Growth Industries

2|26|15   |   3:38   |   (0) comments


With a number of successful cases on network capability exposure, Huawei is going to share the secret recipe to enabling hyper-growth markets with a step-by-step approach.
LRTV Documentaries
BTE 2015 Is Bigger & Even Better

2|25|15   |   03:13   |   (4) comments


This year's Big Telecom Event (BTE) in Chicago is going to provide more opportunities than ever for networking, getting to grips with key industry challenges and opportunities and, equally as important, having some fun.
LRTV Interviews
Light Reading ICT Leaders Roundtable at MWC 2015

2|12|15   |   1:07   |   (2) comments


On Sunday March 1, 2015, Light Reading will host an ICT Leaders Roundtable in partnership with Huawei. At this half-day event, CIOs, analysts and researchers will discuss key industry trends like virtualization in the cloud with a specific focus on new business models. Located at the luxurious Renaissance Hotel near the Fira Barcelona, space is limited so please ...
LRTV Documentaries
Going Green in 2015

2|12|15   |   02:04   |   (0) comments


Energy efficiency is set to be an incredibly hot topic in the telecom industry this year.
LRTV Custom TV
SDN & NFV: Where Are We Going From Here?

2|11|15   |   11:27   |   (0) comments


Vitesse Semiconductor CTO Martin Nuss gives his perspective on why SDN and NFV should be tightly interconnected and how he sees the industry moving forward.
LRTV Documentaries
Time for Gigabit Europe?

2|9|15   |   01:27   |   (4) comments


Gigabit broadband networks are springing up all around the US and they'll soon become more commonplace in Europe.
LRTV Interviews
Brocade Brings New IP Vision to 2020 Vision Executive Summit

2|3|15   |   4:23   |   (0) comments


In December 2014, Light Reading gathered telecom executives in Reykjavik, Iceland to discuss their vision for high-capacity networks through the end of the decade. The intimate, interactive meeting was set against the backdrop of Iceland's spectacular natural beauty. As one of the event's founding sponsors, Brocade's Kelly Herrell shared his company's strategy at ...
LRTV Interviews
Brocade's Kelly Herrell on the New IP

2|2|15   |   12:36   |   (0) comments


In December 2014, Steve Saunders sat down with Brocade VP of Software Networking Kelly Herrell at Light Reading's 2020 Vision executive summit in Reykjavik, Iceland. They spoke about Brocade's approach to the New IP, the future of the telecom industry, and more.
Upcoming Live Events
March 17, 2015, The Cable Center, Denver, CO
April 14, 2015, The Westin Times Square, New York City, NY
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
All Upcoming Live Events
Infographics
Net neutrality, broadband services and the current outlook on data consumption, as presented by the New Jersey Institute of Technology.
Hot Topics
Internet Pioneers Decry Title II Rules
Carol Wilson, Editor-at-large, 3/2/2015
Small Cells Enabling Location Services
Sarah Thomas, Editorial Operations Director, 2/25/2015
Verizon Takes Radio Dot to Detroit, VoLTE Overseas
Sarah Thomas, Editorial Operations Director, 2/27/2015
FCC Adopts Title II Rules
Alan Breznick, Cable/Video Practice Leader, 2/26/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Check out Light Reading's interview with Jay Samit, the newly appointed CEO of publicly traded SeaChange International Inc. With a resume that includes Sony, EMI, and Universal, Samit brings a reputation as an entrepreneur and a disruptor to his new role at the video solutions company. Hear what he had to say about the opportunities in video, as well as the outlook for cable, telco, OTT and mobile service providers.