NEW YORK -- AT&T announced Thursday a series of executive moves the communications company said were designed to accelerate the pace of the company's globalization and its growth in new markets.
The changes will be effective August 1, American Telephone & Telegraph said.
'We have made tremendous progress in carving out a leadership position in one of the fastest growing segments of the world economy,' Allen said.
'The changes we are announcing are aimed at creating a more collaborative style of management that I believe will help us achieve the potential for still stronger growth in the years ahead.'
'Our intent,' Allen said, 'is to build on our recent successes in international markets to globalize the business more quickly and, at the same time, take advantage of new market opportunities that are emerging as a result of the convergence of the communications, computer, consumer electronics and entertainment industries.'
In announcing the changes, Allen added, 'we are drawing from the very strong executive bench that already exists within the company while also continuing to bring in executive talent and fresh perspectives from outside AT&T.'
The company announced that Victor A. Pelson, 56, currently group executive responsible for communications services, will become executive vice president- AT&T and a member of AT&T's board of directors.
Pelson will chair the company's global operations team and be responsible for the effectiveness of AT&T's operations worldwide.
AT&T said William B. Marx, Jr., 54, currently group executive responsible for AT&T Network Systems Group, will become executive vice president-AT&T and Chief Executive Officer-AT&T Network Systems Group.
In addition, Marx will be accountable for AT&T's worldwide purchasing operations and global manufacturing planning.
Pelson and Marx will jointly assume responsibility for accelerating the globalization of AT&T's businesses.
They will oversee the global integration of AT&T's individual business strategies and the creation of regional and country operations that are highly responsive to local customers and other stakeholders.
AT&T said Jerre L. Stead, 50, chief executive officer of NCR, also becomes executive vice president-AT&T.
Stead will work with Pelson and Marx to use NCR's presence and infrastructure around the world to speed AT&T's globalization.
Stead, formerly chairman, president and CEO of the Square D Company, joined AT&T in 1991 as president of AT&T's Global Business Communications Systems and moved to NCR earlier this year.
AT&T said Richard A. McGinn, 46, currently senior vice president responsible for marketing and strategic planning for AT&T Network Systems, will become president and chief operating officer of AT&T Network Systems, reporting to Marx.
AT&T also named Robert M. Kavner, 50, currently group executive responsible for Communications Products, to executive vice president- AT&T and chief executive officer of the Multimedia Products and Services Group.
The company said Alex J. Mandl, 49, currently group executive and chief financial officer, will succeed Pelson as executive vice president and chief executive officer of the Communications Services Group.
Mandl, who joined AT&T in 1991, was previously chairman and CEO of Sea-Land Service, Inc.
AT&T said Richard W. Miller, 52, will join AT&T as executive vice president-AT&T and chief financial officer, succeeding Mandl.
Miller was chairman, president and CEO of Wang Laboratories Inc. for three years, resigning in January, 1993.
Miller has a strong financial background and operating experience in consumer, business and high technology companies. From 1986 to 1988 he was with the General Electric as senior vice president and general manager for consumer electronics.