RCN Announces Recent Additions to Senior Management Team

Date : 05/18/2005 @ 10:30PM
Source : PR Newswire
Stock : Rcn Corp New (MM) (RCNI)
Quote : 5.32  -0.02 (-0.37%) @ 5:40PM
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RCN Announces Recent Additions to Senior Management Team

RCN Announces Recent Additions to Senior Management Team Company Fills CFO, CTO, General Counsel, Network Operations & Strategic & External Affairs Executive Positions

HERNDON, Va., May 18 /PRNewswire-FirstCall/ -- RCN Corporation (NASDAQ:RCNI), a leading provider of total communications service, today announced that it has recently filled key executive positions on its senior management team: Timothy J. Dunne is Executive Vice President and Chief Technology Officer; Stephen A.

Bogiages, Esq. is Senior Vice President, General Counsel and Corporate Secretary; Richard Ramlall is Senior Vice President Strategic and External Affairs; and Joseph Sorresso is Senior Vice President, Network Operations.

This announcement follows last week's hiring of Michael Sicoli as Executive VP and CFO. In making today's announcement, RCN President & CEO Peter Aquino explained that these executives have joined the company in the past few months and already have made "a significant impact in moving the new RCN forward and will play important roles for us in the years ahead."

"I am excited about the senior management team we have put together to guide and manage this company," said RCN Chairman James F. Mooney. "They are dynamic, seasoned industry veterans who bring the proven experience, energy and expertise needed to take RCN to the next level."

Timothy J. Dunne serves as RCN as Executive Vice President and Chief Technology Officer. Dunne also manages the corporate marketing, programming, and information technology functions for the company. Prior to joining RCN in March 2005, Dunne was Vice President, Digital Media & Business Development for Nextel Communications. Previously, Dunne ran information technology development, operations and production support for all of Nextel's Web services. Prior to joining Nextel in September 2000, Dunne was the Chief Operating Officer and Vice President of Marketing for a start-up CLEC that was funded by Verizon Communications. Dunne also held various executive positions during his 14 years at Verizon/Bell Atlantic where he was instrumental in launching many of their Internet initiatives. Dunne is a graduate of Harvard University's Graduate School of Business Administration. He also holds a Bachelor of Science in computer science from the University of Maryland.

Michael T. Sicoli serves as Executive Vice President and Chief Financial Officer. Prior to joining RCN, Sicoli spent over seven years at Nextel Communications, Inc. (NASDAQ:NXTL), where he held a number of positions of increasing authority within the company's finance organization, including his most recent position of Vice President & Assistant Treasurer, which he has held since 2002. Prior to joining Nextel, he worked for both Deloitte Consulting and Accenture in Washington, D.C. Sicoli holds an M.B.A. from The University of Virginia, Darden Graduate School of Business Administration, and a B.A. in Economics from The College of William and Mary.

Stephen A. Bogiages, Esq. serves as Senior Vice President, General Counsel and Corporate Secretary. Bogiages comes to RCN with over 20 years of experience working with telecom and other technology companies. Prior to joining RCN in April 2005, Bogiages was Vice President, General Counsel and Corporate Secretary to Neon Communications, Inc. from February 2000 through April 2003 and Corporate Secretary until joining RCN. From 1981 to 2000 he held various positions in both large and small organizations such as Stone & Webster Engineering, Raytheon, Computervision and Harvard University. Bogiages is admitted to practice in Massachusetts, and before the U.S. District Court, District of Massachusetts, Court of Appeals for the First Circuit, District of Columbia, and the United States Supreme Court. He holds four university degrees in the areas of Engineering, Business, Education and Law. He also completed senior management programs at Harvard Law School, Harvard Business School, and Massachusetts Institute of Technology (MIT).

Richard Ramlall serves as Senior Vice President Strategic and External Affairs and is responsible for Regulatory Affairs, Investors Relations, Public Relations, External Affairs and Strategic Issues. Prior to joining RCN in March 2005, Ramlall served as Senior Managing Director and Executive Vice President of Spencer Trask Media and Communications Group, LLC (a division of New York based venture capital firm Spencer Trask & Company) based in Reston, Virginia, from June 1999 to March 2005. From March 1997 to June 1999, Ramlall served as Vice President and Managing Director for Strategy, Marketing and International Government Affairs for Bechtel Telecommunications. Prior to that, Ramlall was Executive Director for International Business Affairs for Bell Atlantic International and spent over 18 years at Bell Atlantic. In 1990, Ramlall was selected to serve a one-year appointment under the Presidential Exchange Executive Program of the White House. Ramlall holds a Bachelor of Science in Business Administration and an MGA (Technology Management) from the University of Maryland.

Joseph Sorresso serves as RCN's Senior Vice President, Network Operations.

Sorresso joined RCN in January of 2005. Prior to joining RCN, he served in various positions at MCI, most recently as an executive staff member. Prior to joining MCI, Sorresso held various positions in senior and executive level management in Bell Atlantic/Verizon. He graduated Summa Cum Laude from Pennsylvania State University with a Master of Arts in Economics and received a Bachelor of Arts degree in Economics.

About RCN Corporation

RCN Corporation, http://www.rcn.com/, is one of the largest facilities- based competitive providers of bundled phone, cable and high-speed Internet services delivered over its own fiber-optic local network to consumers in the most densely populated markets in the U.S. RCN provides service in the Boston, New York, Eastern Pennsylvania, Washington, D.C., Chicago, San Francisco and Los Angeles metropolitan markets.

RCN Forward-Looking Statements

This press release contains forward-looking statements regarding future events and future performance of RCN that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of RCN's Securities and Exchange Commission filings. For a description of certain factors that could cause actual results to vary from current expectations and forward-looking statements contained in this press release, refer to documents that RCN files from time to time with the Securities and Exchange Commission.

RCN disclaims any obligation to update any of the forward-looking statements contained herein.

DATASOURCE: RCN Corporation

CONTACT: Richard Ramlall, SVP of Strategic and External Affairs,

+1-703-434-8430, or Michael Houghton, Communicreate, +1-703-799-7383

Web site: http://www.rcn.com/

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