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
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.