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Savvis names Jeffrey H. VonDeylen as CFO, replacing David J. Frear, who will resign at the end of February
January 21, 2003
HERNDON, Va. -- SAVVIS Communications (NASDAQ:SVVS), a global managed IP and managed hosting services provider, today announced the appointment of Jeffrey H. VonDeylen as Executive Vice President, Chief Financial Officer, and Director effective March 1, 2003. VonDeylen has held senior financial positions for both domestic and international telecommunications and data communication service providers. He will be based in St. Louis, MO, and replaces David J. Frear, who will resign at the end of February to pursue personal interests and new opportunities. Commenting on the appointment, SAVVIS Chairman and Chief Executive Officer Rob McCormick stated, "Jeff is a seasoned finance executive with a proven track record. We are confident that with his breadth of experience he will play an instrumental role at SAVVIS as we continue our ascension as a leading global provider of IP VPN and managed hosting services." VonDeylen joins SAVVIS from American Electric Power (AEP), one of the largest diversified energy services companies in the world, where he was responsible for evaluation of strategic investment opportunities and telecommunications assets. Prior to AEP, VonDeylen was Chief Financial Officer for KPNQwest International, a pan-European facilities-based network provider. Prior to this, he was Senior Vice President of Finance at Global TeleSystems, Inc. (GTS), responsible for all finance functions at this European communications company. Prior to GTS, VonDeylen held various financial positions at LCI International, Inc. and Qwest Communications International, Inc., which, during his tenure, grew into the fourth largest long-distance company in the United States. Savvis Communications Corp.
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