Former Qwest Communications International Inc. chief executive Joseph P. Nacchio could soon face civil charges for his alleged role in an accounting scandal at the company.
Early years: Joseph P. Nacchio was born in Brooklyn, N.Y., and received a master's degree in management from the Massachusetts Institute of Technology. He also received a master's degree in business administration and a bachelor's degree in electrical engineering, both from New York University.
Career: Nacchio held several senior-level executive positions at AT&T Corp., and directed AT&T's consumer and business long distance services. He was credited with turning around both in the early 1990s. Under Nacchio's guidance, AT&T won the Malcolm Baldrige National Quality Award for excellence in customer service.
Nacchio also held AT&T assignments in network operations and engineering, including the position of chief engineer of AT&T's long distance network.
He joined Qwest in 1997 as president and chief executive officer after Qwest announced it was constructing a new, nationwide state-of-the-art fiber optic communications network. He was ousted as Qwest's CEO in 2002 and the company has come under regulatory scrutiny for the way it accounted for transactions in which it swapped capacity rights on its network. Nacchio has also been criticized for cashing out several hundred million dollars of Qwest stock over the years.
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Family: Nacchio and his wife, Anne, have two sons. They currently lived in Mendham, N.J.
In his words: "When you say you're gonna do something, you do it. Image is important, and by that I mean self-image."
Web link: qwest.com
Compiled by Dianna Baumann Sources: denverpost.com, rockymountainnews.com
