View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 9, 2010

Convergys appoints new president, CEO

Jeff Fox to succeed David Dougherty who will continue to serve as a consultant

By CBR Staff Writer

Convergys, a business services outsourcing provider, has appointed Jeff Fox as president and chief executive officer. He succeeds David Dougherty, who will continue to serve as a consultant to help facilitate a smooth transition.

Fox has been board member of the company since February 2009. Prior to that he served as chief operating officer of Alltel. Prior to becoming COO in 2007, Fox served as Alltel’s group president at shared services for four years. From 1996 to 2003, he served as group president of Alltel information services for seven years. Before joining Alltel in 1996, he spent 12 years in investment banking at Stephens and Merrill Lynch.

Philip Odeen, chairman of the board at Convergys, said: “Jeff Fox is a talented and proven leader with deep expertise and strong operational experience in the telecommunications and technology industries. Having worked with Jeff as a member of our board for the past year, I am confident his values and priorities are closely aligned with the board and our commitment to build a strong Convergys and deliver meaningful, long-term, shareholder value.”

Fox said: “I look forward to working closely with Convergys’ talented management team and employee base to leverage the company’s strengths, provide outstanding service to clients, and enhance value for shareholders.”

Convergys continues to expect 2010 revenue of approximately $2.6bn, EBITDA of $330m to $360m and earnings per diluted share of $1.05 to $1.20. In addition, the company expects continued strong cash flow, including free cash flow exceeding $150m plus an additional cash distribution from the cellular partnerships of approximately $40m.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.