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Ameritech chairman and chief executive to retire

CHICAGO — Ameritech's top executive announced his retirement Monday, on the first business day after his company merged with larger SBC Communications to create the nation's biggest local phone company.

Richard C. Notebaert, 52, has been president, chairman and chief executive officer of Chicago-based Ameritech since 1994. He said his retirement will take effect Dec. 30 after 31 years with the company. The move was not unexpected.

Notebaert praised Ameritech's management team and employees in a brief statement.

San Antonio-based SBC said last Friday it had officially completed its $73 billion purchase of Ameritech, a deal first announced 17 months ago. SBC Chairman Edward Whitacre is head of the combined company.



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