How Longs Drugs was taken over

How Longs Drugs was taken over

The information learned coupled with the personal experience of being tackled head-on my the outsourcers of America.

Early career

Dorman joined a company that was to become Sprint Communications in 1981 as employee number 55. He climbed the corporate ladder to become President of Sprint Business - with 10,000 employees and revenues of $4.5Bn by the time he was 35.[5]
Dorman became the youngest CEO of a Baby Bell company at the age of 39 following the decision to join Pacific Bell as President & CEO in 1994. The company was acquired by SBC Communications in 1997, and Dorman resigned shortly thereafter to join early news aggregation service PointCast as CEO. Despite lofty expectations PointCast failed to deliver on its potential, and Dorman subsequently left to become CEO of Concert Communications Services, a joint venture between BT and AT&T.[6]

Tenure at AT&T

Dorman became CEO of AT&T after his predecessor, C. Michael Armstrong, joined Comcast as part of the company's acquisition of AT&T's broadband assets during the summer of 2002.[7] The broadband disposition was one of many high-profile transactions made during Armstrong's tenure. Other notable moves include the acquisition of TCI, Inc in 1998 for $48 billion, and the spin-off of the wireless business into Cingular in 2001.[8][9]
The early part of Dorman's tenure as CEO was spent restructuring a stressed balance sheet, and re-positioning the company's product mix in response to dramatic changes in the competitive environment.[10] Ultimately, the decision was made to position AT&T as an enterprise services company in the hope that such a move would make the business more attractive to potential acquirers. After an attempt to sell the business to BellSouth fell through, Dorman was able to reach terms with SBC to acquire AT&T during late 2004.[11] Although he initially agreed to join SBC as a President, Dorman ultimately elected to pursue other opportunities and parted ways with the business shortly after the acquisition was finalized.[12][13][14]

The 2007 Longs Project Manager Take Down

James Powell of Walnut Creek CA, formerly employed at the Longs Drugs walked into the restroom left via Ambulance.  

A Longs Drugs History Primer


Cnetscandal.blogspot.com
Cnetscandal.blogspot.com

The Los Lomas Tragedy

The Story of how two studens each connected to signficant events, one connected to the Merger and Acquisition of Long's Drugs whose former Headquarters located on Civic Drive Walnut Creek
The Los Lomas Tragedies
Matt Miller (l) Gavin Powel (r)Cnetscandal.blogspot.com

David Wyatt Dorman

Executive Profile

David Wyatt Dorman

Partner & Founding Partner, Centerview Capital Holdings, LLC

AgeTotal Calculated CompensationThis person is connected to 9 Board Members in 9 organization across 19 different industries. See Board Relationships
64--

Background

Mr. David Wyatt Dorman, also known as Dave, is a Partner and Founding Partner at Centerview Capital Holdings, LLC since July 2013. Mr. Dorman has been a Founding Partner of Centerview Capital Technology, or Centerview, a private investment firm, since July 2013. He has expertise in management, finance and strategic planning gained through his experience as a principal and founder of Centerview. Mr. Dorman served as the Chief Executive Officer at&T Global Network Services Canada Co. He is also employed at Sprint Corporation. He served as the Managing Director and Senior Advisor of Warburg Pincus LLC since November 2005 until May 2008. He served as an Advisor of Phorm Corporation Limited since July 2006. He served as the President and Director of Pacific Bell Telephone Company until January 31, 2006. He was in a number of positions with AT&T Corp., or AT&T, a global telecommunications company, from 2000 to 2006. He served as the Chief Executive Officer AT&T Corp. since December 2000 until November 2005 and President since joining from December 2000 to 2002. He served as the President AT&T, Inc. until January 31, 2006. During his time AT&T, he led it through a profound reinvention and transformation prior to completion of the merger and SBC Communications in November 2005. He served as the Chief Executive Officer of Concert Communications Services from April 1999 to November 2000. Mr. Dorman served as the Chief Executive Officer and President at PointCast Inc. from November 1997 to April 1999. He served as an Executive Vice President of SBC Communications Inc. from August 1997 to November 1997. Mr. Dorman served as the Chief Executive Officer and President at Pacific Bell of Pacific Telesis Group from 1994 to 1997, where he led an $11 billion business with 50,000 employees serving more than ten million households and one million business customers. As the youngest Chief Executive Officer of a Bell operating company, he helped eventually to facilitate its sale to SBC Communications. Mr. Dorman served as the President of Sprint Business from 1990 to 1994. From 1981 to July 1994, he served various senior management positions at Sprint Corp. He began his career in telecommunications in 1981, following his early work in software development, technical sales and marketing, when he became the 55th employee of the then-fledgling long distance carrier, Sprint. He serves as the Chairman of the Board of AT&T Global Network Services Canada Co. Mr. Dorman has been the Non-Executive Chairman of CVS Health Corporation (formerly, CVS Caremark Corporation) since May 05, 2011 and has been its Independent Director since March 23, 2006. He served as the Chairman of PointCast Inc., from February 1998 to April 1999. He served as the Non-Executive Chairman at Motorola Solutions, Inc. from May 5, 2008 to May 3, 2011. He has been a Director of PayPal Holdings, Inc. since June 2015 and Dell Technologies Inc. since September 27, 2016. He serves as a Director and Member of Advisory Board at Firethorn Holdings LLC. He serves as a Director of Smartvue Corporation. He serves on the board of several non-profit organizations, including Robert W. Woodruff Arts Center Inc. and Georgia Tech Foundation Inc. He served as an Independent Director of Yum! Brands, Inc. since January 28, 2005 until May 19, 2017. Mr. Dorman serves as a Trustee of Episcopal High School. He serves as a Member of Advisory Board at The British-American Business Council. He served as the Chairman of the Board at&T Corp. since November 2002 until November 2005. Mr. Dorman served as a Director of Scientific-Atlanta, LLC. from 1998 to February 28, 2006. He served as a Director of SecureWorks Corp. from April 2016 until July 12, 2016. He served as an Independent Director at eBay Inc. since June 17, 2014 until July 17, 2015. He served as the Chairman of Pacific Bell of Pacific Telesis Group from 1996 to 1997. Mr. Dorman served as a Director of Science Applications International Corporation since 1998. He served as a Director of 3Com Corporation and Sabre Holdings Corporation. He served as a Director of Motorola Solutions, Inc. since July 10, 2006 until May 18, 2015 and served as its Lead independent Director since May 3, 2011 until May 18, 2015. He served as a Non Executive Director of Phorm Corporation Limited from May 21, 2007 to December 2008. Mr. Dorman served as a Director of E-TEK Dynamics Inc. since June 1998. He served as a Director of BarcoNet NV and Leidos Holdings, Inc. He served as a Director of AT&T, Inc. He served as a Director of AT&T Corp. from 2002 to January 26, 2006. Mr. Dorman served as a Member of U.S. Advisory Board at Warburg Pincus LLC. He has over 38 years of senior executive, operational, board and investment experience. He has driven business expansion and restructuring at the Chief Executive Officer level. Mr. Dorman received a BS degree in Industrial Management with high honors from the Georgia Institute of Technology.

Corporate Headquarters

600 Ramona Street Palo Alto, California 94301 United States
Phone650-752-1411 Fax--

Board Members Memberships

Director
Director
Trustee
Director
Member of Advisory Board and Director
2006-Present
Independent Non-Executive Chairman
2015-Present
Director
2016-Present
Director

Education

BS
Georgia Institute of Technology

Other Affiliations

Annual Compensation

There is no Annual Compensation data available.

Stocks Options

There is no Stock Options data available.

Total Compensation

There is no Total Compensation data available.
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