Broadwing names Kevin Mooney to succeed Richard Ellenberger as CEO; Jack Cassidy elected COO, Daniel Meyer elected chairman of the board

September 23, 2002

1 Min Read

CINCINNATI -- Broadwing Inc. (NYSE:BRW) today announced that its board of directors has elected Kevin W. Mooney to serve as chief executive officer, effective immediately, succeeding Richard G. Ellenberger who, by mutual agreement, is departing the Company and has resigned from the board. Additionally, the board elected Cincinnati Bell president, Jack F. Cassidy to the position of chief operating officer. Mooney and Cassidy will both join the board as directors.Daniel J. Meyer, who has served as a director on Broadwing’s board since 1999, has been elected Chairman.Mooney has served as Broadwing’s chief operating officer for the past year and previously as the Company’s chief financial officer. In addition to his new role, Cassidy will retain his responsibilities as president of Cincinnati Bell.“The board is very grateful to Rick for his leadership, integrity, and vision that enabled our company to expand its offerings in the Cincinnati market and complete an important strategic acquisition that grew Broadwing from a single market to a national presence,” said Meyer.“At the same time, we are delighted with the strong combination of financial expertise, operational skills and customer focus that Kevin and Jack bring to their respective positions. The board is confident in their ability to continue to strengthen Broadwing’s financial position, improve operations, and build value for our shareholders. Moreover, we are pleased to be able to leverage Jack’s leadership talents, that have made Cincinnati Bell an industry leader, on a broader scale as Broadwing’s chief operating officer,” Meyer continued.Broadwing Inc.

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