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On May 17, 2006, communications history was made as a new company emerged on the scene: EMBARQ, with the trading symbol EQ. Two weeks later, on June 1, 2006, Wall Street was a sea of green with singers, banners and celebrations as the new company’s arrival was communicated to the public on the New York Stock Exchange.
But what culminated on June 1, 2006, was set in motion earlier when Sprint announced its merger with Nextel and plans to separate its traditional local business into a standalone company. Little did the framers of that agreement know, but the company they unleashed as EMBARQ would change the face of communications.
In December of 2007, Tom Gerke took the helm of EMBARQ as Interim CEO, and in March of 2008 took over as CEO on a permanent basis. Gerke is in charge of leading the company into the future with a promise of "Practical Ingenuity", where innovative thinking delivers integrated communications and entertainment products and services to customers that make sense and offer true value. In his career as an executive in the telecommunications industry, he gained broad experience spanning general management, business development and strategic alliances, in addition to his responsibilities for the legal, regulatory and external affairs functions.
In December 2004, Dan Hesse was named Chairman and CEO of the new company. Hesse brought the leadership the company needed at that time as it literally embarked on its journey to be aggressive and innovative in combating two imposing threats – entrance into the wireline communications arena by the cable companies and the growth of wireless-only households.
When Hesse moved on in December of 2007, Tom Gerke took the reigns, based on his experiences as a seasoned executive and an eye toward the future by being aggressive, innovative and feisty by developing products and services that allow customers to stay connected and get more done at home, at work and on the go.
In his previous position as EMBARQ’s General Counsel, Gerke was responsible for the oversight of the company’s legal and governmental affairs initiatives, corporate governance and legal support to the EMBARQ board of directors. In January 2007, he assumed responsibility for EMBARQ’s Wholesale Markets business unit while continuing to lead the legal, regulatory and external affairs functions. In addition, EMBARQ’s senior lead team brings more than a decade of experience working together.
Innovation is the key to EMBARQ’s continued success and differentiation in the communications industry. This innovation is based on the convergence of wireline, wireless, the PC and video, all managed by the customer through a centralized portal – myembarq.com.
Innovation for consumer customers includes:
Innovation for business customers include:
Other key milestones include:
Follow the journey from a local telecommunications company to what is now Embarq Corporation (NYSE: EQ).