Former Level 3 VP Becomes Panther Chief

A former Level 3 Communications Inc. (NYSE: LVLT) executive is taking over as CEO of content delivery network (CDN) Panther Express Inc.

Steve Liddell, who served as group vice president of Level 3's transport and infrastructure group, has been hired as the company's new chief executive.

Panther has been on the hunt for a new CEO for the last several months, especially in the wake of a $15.75 million funding round led by Index Ventures . Liddell will be replacing former DoubleClick Inc. CEO and Panther founder Kevin Ryan, who has served as interim CEO while the company searched for a new head.

To read the full story on Contentinople, click here.

– Ryan Lawler, Contentinople

Kreskin 12/5/2012 | 3:41:04 PM
re: Former Level 3 VP Becomes Panther Chief
New CEO from Level 3 ... tells me they have someone that can spend money ... but not from a company that knows how to make money ... could be a bad bet.

If the new CEO is an old MFS person -- that 415 mm won't last 60 days!
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