Dorman Improves Position at AT&T
By Karen Brown -- Multichannel News, 2/25/2002 4:00:00 AM
Reports are that AT&T Corp. president David Dorman took one step closer to replacing chairman C. Michael Armstrong Thursday when he was named to the company's board of directors, along with chief financial officer Chuck Noski.
A successor for Armstrong will be needed by the end of this year if AT&T Broadband's merger with Comcast Corp. is approved. Armstrong is pegged to become CEO of the merged cable companies.
Dorman gained the inside track to taking over the remainder of AT&T given statements from Noski that he is not interested in the job.
The $72 billion AT&T-Comcast merger, announced in December, would create the nation's largest cable operator, with a combined 22 million subscribers. But it still must gain approval from federal regulators -- a process that will take about one year to complete.
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