-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ih9U6oYknKQkzzATUr9ERi0zabpFlnIuJnap8U2wa4cnn+3biXbp4kGVkNYt9x89 iPXeX7nE6Qh2zkZwppTUcQ== 0001193125-04-006568.txt : 20040121 0001193125-04-006568.hdr.sgml : 20040121 20040121101756 ACCESSION NUMBER: 0001193125-04-006568 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040120 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORLDCOM INC CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10415 FILM NUMBER: 04533983 BUSINESS ADDRESS: STREET 1: 500 CLINTON CENTER DRIVE CITY: CLINTON STATE: MS ZIP: 39056 BUSINESS PHONE: 6014605600 FORMER COMPANY: FORMER CONFORMED NAME: MCI WORLDCOM INC DATE OF NAME CHANGE: 19980914 FORMER COMPANY: FORMER CONFORMED NAME: WORLDCOM INC /GA/ DATE OF NAME CHANGE: 19970127 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 8-K 1 d8k.htm FORM 8-K Form 8-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549-1004

 

 


 

 

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): January 20, 2004

 

 


 

 

WorldCom, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 


 

 

Georgia   0-11258   58-1521612
(State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

 

22001 Loudoun County Parkway, Ashburn, Virginia    20147
(Address of Principal Executive Offices)    (Zip Code)

 

 

Registrant’s telephone number, including area code (703) 886-5600

 

 


 



Item 5.    Other Events.

 

On January 20, 2004, WorldCom, Inc., d/b/a MCI (the “Company”) issued a press release announcing the appointment of Glenn Hutchins, a founder and managing member of investment firm Silver Lake Partners, and Mark Neporent, chief operating officer, general counsel and senior managing director of Cerberus Capital Management, L.P., to its board of directors, which appointments will become effective upon the Company’s emergence from bankruptcy. A copy of this press release is attached as Exhibit 99.1 hereto and incorporated by reference herein.

 

Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.

 

 

(a)        

   Financial Statements.
     Not applicable.

(b)

   Pro Forma Financial Information.
     Not applicable.

(c)

   Exhibits.
     Exhibit No.            Description of Exhibit
     99.1    Press Release dated January 20, 2004

 

2


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

WORLDCOM, INC.

(Registrant)

By:

   /S/    ANASTASIA KELLY
    

Name:

   Anastasia Kelly

Title:

   Executive Vice President and General Counsel

 

 

Dated: January 20, 2004

 

3


EXHIBIT INDEX

 

 

Exhibit No.    Description

99.1

   Press Release dated January 20, 2004

 

 

4

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

 

MCI APPOINTS TWO ADDITIONAL DIRECTORS TO BOARD

Brings MCI Board Total to 11

 

ASHBURN, Va., January 20, 2004 – MCI (WCOEQ, MCWEQ) today announced the appointment of two additional members to its board of directors. The new appointees are Glenn Hutchins, a founder and managing member of investment firm Silver Lake Partners; and Mark Neporent, chief operating officer, general counsel and senior managing director of Cerberus Capital Management, LP.

 

“Glenn and Mark are outstanding additions to the MCI board – a board that brings depth and diversity of experience, as well as unwavering commitment and integrity,” said MCI Chairman and CEO Michael D. Capellas. “They provide invaluable stakeholder participation that will prove to be a valuable resource to MCI in the coming years.”

 

Today, MCI’s Board of Directors includes the following members and appointees:

 

  o Dennis Beresford, former Financial Accounting Standards Board Chairman
  o Michael D. Capellas, MCI chairman and CEO
  o W. Grant Gregory, former Touche Ross Chairman (appointee)
  o Judith Haberkorn, retired Bell Atlantic executive (appointee)
  o Laurence Harris, Patton Boggs Partner (appointee)
  o Eric Holder, former U.S. Deputy Attorney General (appointee)
  o Glenn Hutchins, a founder and managing member of Silver Lake Partners (appointee)
  o Nicholas Katzenbach, former U.S. Attorney General and Undersecretary of State
  o David Matlin, CEO of MatlinPatterson Global Advisers LLC (appointee)
  o Mark Neporent, chief operating officer, general counsel and senior managing director of Cerberus Capital Management, LP (appointee)
  o C.B. “Jack” Rogers, former Equifax chairman and CEO

 

Upon the effective date of its emergence from Chapter 11, the appointees, together with the existing members, will constitute the new Board of the reorganized MCI.

 

(more)


Glenn Hutchins, founder and managing member of Silver Lake Partners

 

Hutchins is a founder and managing member of Silver Lake Partners, the leading private equity investment firm focused on large- scale investments in technology and related growth companies and a WorldCom creditor. He serves as a director of several companies in Silver Lake’s portfolio, including Seagate Technology, Inc., Gartner, Inc., and Ameritrade Holding Corp. Mr. Hutchins also serves as a Trustee and Chairman of the Investment Committee of the Lawrenceville School and as a member of the Board of Overseers’ Committee on University Resources of Harvard College. Mr. Hutchins is also a member of the Council on Foreign Relations and the World Economic Forum.

 

Prior to founding Silver Lake, Hutchins was a general partner of The Blackstone Group. He also served as a special advisor to the Clinton-Gore transition and in the White House during parts of 1992, 1993 and 1994 and was appointed by Robert Rubin to the Advisory Committee on Financial Services of the U.S. Department of the Treasury, on which he served from 1995 to 1996. Mr. Hutchins has been involved in private equity since 1985, when he joined Thomas H. Lee Co.

 

Mr. Hutchins graduated from Harvard College, Harvard Business School and Harvard Law School.

 

Mark Neporent, Chief Operating Officer, General Counsel and Senior Managing Director, Cerberus Capital Management, LP

 

Since April 1998, Mr. Neporent has served as chief operating officer, general counsel and senior managing director of Cerberus Capital Management, LP, a multi-billion dollar investment management firm. He previously worked as a partner at Schulte Roth & Zabel LLP, in New York, in the Business Reorganization and Finance Group. Mr. Neporent began his legal career with Otterbourg, Steindler, Houston & Rosen, PC, as an associate in the Creditors’ Rights Department.

 

Mr. Neporent was admitted to the New York State Bar in 1983 and the Connecticut Bar in 1982. He is a trustee of the Association of Bankruptcy Professionals (1990-1996) and the Committee on Bankruptcy and Corporate Reorganization, for the Association of the Bar of the City of NY (1994-1997). He is a member of the New York State Bar Association and the American Bar Association. He received his Bachelors Degree from Lehigh University in 1979, and his law degree from the Syracuse University College of Law, cum laude, in 1982.

 

About WorldCom, Inc. WorldCom, Inc. (WCOEQ, MCWEQ), which, together with its subsidiaries, currently conducts business under the MCI brand name, is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With the industry’s most expansive global IP backbone, based on the number of company-owned POPs, and wholly-owned data networks, WorldCom develops the converged communications products and services that are the foundation for commerce and communications in today’s market. For more information, go to http://www.mci.com.

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