Retiring Qwest CEO heading back to Wisconsin
By Andy Vuong, Staff Writer
Friday, June 15, 2007
Qwest chief executive Dick Notebaert said today that he plans to
move back to Wisconsin after his retirement from the
In an exclusive interview with The Denver Post from Qwest
headquarters in downtown Denver, he disclosed that retirement
had been on his mind for a while, he gave more details on his
future plans and he discussed the type of person he'd like to
fill his shoes.
"On Thursday night, I made a decision. I woke up Friday
morning, didn't change. And told the board," said Notebaert,
who announced publicly Monday that he would retire as soon as
the board of directors finds his replacement. "I've pondered it
for a long time."
Notebaert joined Qwest in June 2002 and turned around the
company from near-bankruptcy to financial stability. Wearing
his trademark button-up Qwest shirt, Notebaert said today that
he has commitments with several nonprofits and serves on the
board of a couple of outside companies. He also wants to spend
more time with his grandsons.
"I'll probably spend most of my time in Wisconsin," said
Notebaert, who turns 60 this summer.
Notebaert and his wife, Peggy, spent most of their lives in
Wisconsin. He said they plan to sell their home in Denver and
return to the Lake Geneva area.
He thinks his replacement should have a strong "retail mindset."
"We're in a very competitive business. You have to be thinking
constantly about attack, counterattack," Notebaert said.
The new leader should be a "seasoned veteran" from the
"The communications-sector knowledge would be helpful because
you'd understand Washington, D.C., and the different franchising
and regulatory bodies you'd have to deal with," Notebaert said.
Notebaert said he's given a few names to the board, which is
handling the search. He said he couldn't talk specifically
about internal and external candidates.
No time frame has been set for naming a replacement, but
Notebaert said he would like it to happen "sooner rather than
Staff writer Andy Vuong can be reached at 303-954-1209 or