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GlobeNet names new CEO

International, yesterday named Jorge Escalona, a leader in the international telecom marketplace and former AT&T executive, as CEO.

Mr. Escalona, who led the AT&T startup company's launch and rapid penetration of the Mexican telecoms marketplace, will assume the day-to-day duties of GlobeNet from present CEO and chairman Mike Kedar.

Mr. Kedar, a well-known telecommunications entrepreneur and visionary will concentrate on activities as chairman of the board of directors, while continuing as a member of the management group.

Mr. Kedar founded GlobeNet with the establishment of the facilities-based international carrier and undersea cable company, TeleBermuda International Limited, which began operation in 1997.

Jorge Escalona