8-K

UNITED STATES
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 (Date of earliest event reported): September 6, 2011

DEX ONE CORPORATION
(Exact name of registrant as specified in its charter)

Delaware	1-07155	13-2740040
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1001 Winstead Drive, Cary NC	27513
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (919) 297-1600

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 7, 2011, Dex One Corporation (the “Company”) announced the appointment of Gregory Freiberg as Executive Vice President and Chief Financial Officer of the Company, effective September 12, 2011. Prior to joining the Company, Mr. Freiberg, 44, served as Chief Financial Officer for Savvis, a global outsourcing data center provider, from April 2009 to September 2011, and as Chief Financial Officer for XO Holdings, a national telecommunications services provider, from April 2006 to April 2009.

In this role, Mr. Freiberg will receive an annual base salary of $425,000 per year. Mr. Freiberg will also be eligible to participate in the Company’s annual incentive program, as in effect from time to time, with a target annual incentive opportunity of 65% of his base salary. On Mr. Freiberg’s start date, he will also receive 100,000 shares of restricted stock and 300,000 stock options, pursuant to the Dex One Corporation Equity Incentive Plan.

A copy of the press release issued in connection with the appointment is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.	Description
99.1	Press release of the Company dated September 7, 2011

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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.
 

Dex One Corporation

By: /s/ Mark W. Hianik                               
       Name:  Mark W. Hianik
       Title: Senior Vice President, General Counsel and
       Corporate Secretary

Date: September 7, 2011

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release of the Company dated September 7, 2011

EX-99.1

Exhibit 99.1

FOR MORE INFORMATION
Media Contact:
Tyler Gronbach
919-297-1541
tyler.gronbach@dexone.com

Investor Contact:
Jamie Andelman
800-497-6329
invest@dexone.com

Seasoned Finance Executive Joins Dex One

New CFO, Gregory Freiberg, to Lead Financial Operations
In Support of Company’s Transformation

CARY, N.C., Sept. 7, 2011 – Dex One Corporation (NYSE: DEXO) today announced the appointment of Gregory Freiberg, a skilled finance executive with a strong technology background, to the position of executive vice president and chief financial officer.

“Greg’s solid accomplishments as a public company CFO, coupled with his extensive technology background make him an excellent addition to our new leadership team,” said Alfred Mockett, chief executive officer of Dex One. “As we transform our operations to help local business leverage digital media, his proven track record of delivering shareholder value will be invaluable.”

Reporting directly to Mockett, Freiberg, 44, will be responsible for all aspects of Dex One’s finance operations and will play a key role in executing the company’s business strategy. He will join the company on Monday, Sept. 12.

Freiberg comes to Dex One with a strong career of senior finance positions at leading global technology companies, including Savvis, XO Holdings, Asia Netcom, Level 3 Communications and MCI.

As chief financial officer of Savvis, a global outsourcing data center provider, he led the company through a transformation which resulted in double digit year-over-year revenue and EBITDA growth. He was also a principle architect of the company’s merger with CenturyLink, Inc., completed in July 2011.

While serving as CFO at XO Holdings, Freiberg successfully crafted a series of initiatives to strengthen the company’s balance sheet, drive growth in new revenue streams and decrease debt.

“This is an excellent opportunity to join a like-minded, aggressive team that is transforming Dex One into a leader in digital marketing and local search for businesses,” said Freiberg. “I look forward to working with Alfred and the leadership team.”

Freiberg began his career in the United States National Guard and during his 9-year career he rose to the rank of Captain and Infantry Company Commander.

He is a graduate of The University of South Dakota where he earned a BS in business administration.

In the last 12 months, Mockett has assembled an industry-leading management team, blending the best of the internal talent at Dex One with key appointments from the outside. Dex One’s leadership team comprises significant experience in the media, technology, and telecom industries.

About Dex One Corporation
Dex One Corporation (NYSE: DEXO) is a leading marketing solutions provider helping local businesses and their customers connect wherever and whenever they choose to search. Building on its heritage of delivering print-based solutions, the company provides integrated products and services to help its clients establish their digital presence and generate leads. Dex One’s locally based marketing experts offer a broad network of local marketing solutions including online, mobile and print search solutions, such as DexKnows.com. For more information, visit .

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Certain statements contained in this press release regarding Dex One Corporation’s future operating results or performance or business plans or prospects and any other statements not constituting historical fact are “forward-looking statements” subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. All forward-looking statements reflect only Dex One’s current beliefs and assumptions with respect to future business plans, prospects, decisions and results, and are based on information currently available to Dex One. Accordingly, the statements are subject to significant risks, uncertainties and contingencies, which could cause Dex One’s actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by, these statements.