Excerpts: Global Crossing’s 8-K.

• On October 11, 2000, the Board of Directors of the Registrant named Thomas J. Casey as Chief Executive Officer. Mr. Casey is also a director of the Registrant and a member of its Office of the Chairman, and had been Vice Chairman of the Registrant prior to his appointment as CEO.
• Mr. Casey succeeded Leo Hindery, Jr., who resigned by mutual agreement. Mr. Hindery, who is also Chairman and CEO of GlobalCenter, the Registrant’s web-hosting business, is expected to continue in these roles until completion of the proposed sale of GlobalCenter to Exodus Communications, Inc., which is expected to be completed early in 2001.

Source: Global Crossing