8-K 1 a8-k.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: May 23, 2000 BROADWING INC. (Exact name of registrant as specified in its charter) Ohio 1-8519 31-1056105 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 201 East Fourth Street Cincinnati, Ohio 45202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (513) 397-9900 FORM 8-K BROADWING INC. ITEM 5. OTHER EVENTS: A. On May 23, 2000, John F. Cassidy became President and Chief Operating Officer of all Cincinnati Bell operations of Broadwing Inc. He is responsible for developing, establishing and executing Broadwing's strategic and operational plans in the Greater Cincinnati metropolitan area. Mr. Cassidy reports directly to Richard G. Ellenberger, President and CEO of Broadwing Inc. Previously, Mr. Cassidy served as President of Cincinnati Bell Enterprises where he was responsible for the launch of the Company's highly successful "Any Distance" long distance offering. Mr. Cassidy also served as President of Cincinnati Bell Wireless Company where he was responsible for the Company's highly successful PCS launches in Cincinnati and Dayton. Prior to joining Cincinnati Bell, Mr. Cassidy served as Vice President of Sales for Cantel, Canada's largest cellular provider. He was also Vice President of Sales and Marketing for Ericsson, GE Mobile Communication's cellular division. While serving in this position, he was responsible for introducing the Ericsson brand to the North American market. B. On May 23, 2000, Broadwing Inc. sold substantially all the assets used in connection with Cincinnati Bell Supply Company's ("CBS") telecommunications equipment business to Thomas Revely III, the former president of CBS. Mr. Revely's new company, CBS Technologies, L.L.C., will continue refurbishing and selling telecommunications equipment and maintaining one of the largest national inventories of new and refurbished Lucent Technologies equipment. The sale of CBS completes Broadwing's previously announced plans to exit this business because it did not fit Broadwing's long-term strategic plan. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BROADWING INC. By: /s/ Kevin W Mooney ------------------------------------------------- Kevin W. Mooney Chief Financial Officer Date: May 30, 2000