William M. Daley, former U.S. Secretary of Commerce, will report directly to SBC's chairman and CEO Edward E. Whitacre Jr.

November 19, 2001

1 Min Read

SAN ANTONIO -- SBC Communications Inc. (NYSE:SBC) today named William M. Daley president of the $53 billion diversified telecommunications leader, which serves more than 60 million customers in 13 states. Daley, former U.S. Secretary of Commerce, will report directly to SBC's Chairman and CEO Edward E. Whitacre, Jr. As President of SBC, Daley will be responsible for strategic planning, regulatory matters, governmental initiatives, external affairs and international affairs. Daley's appointment by SBC's Board of Directors will be effective Dec. 1, 2001. "We are delighted to have Bill Daley join our senior management team and take responsibility for these areas critical to SBC's future," said Whitacre. "His appointment as President of SBC signals the importance of governmental matters to our company's ability to grow revenues, compete effectively and meet our customers' needs. Strategic planning, international affairs and government relations are more important than ever to growing shareowner value. Bill's unique blend of business and governmental experience, combined with his strong leadership and management abilities will serve SBC well in today's environment."SBC Communications Inc.

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