SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (date of earliest event reported):
April 13, 1998
EXCEL Communications, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-13433 75-2720091
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
8750 North Central Expressway, Suite 2000
Dallas, Texas 75231
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (214) 863-8000
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ITEM 5. OTHER EVENTS
See Exhibit 20.1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibit.
20.1 Press Release, dated April 13, 1998,
regarding resignation of officer and
director.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
EXCEL COMMUNICATIONS, INC.
April 24, 1998
By: \s\ J. Christopher Dance
--------------------------------
J. Christopher Dance
Executive Vice President -
General Counsel and Secretary
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
- ---------- ----------------------------------------------------------
20.1 Press Release, dated April 13, 1998, regarding
resignation of officer and director.
<PAGE>
CONTACTS: Mary Bell
Investor Relations
FOR IMMEDIATE RELEASE 214/863-8730
April 13, 1998
Kenneth Kracmer
Public Relations
214/863-8618
EXCEL COMMUNICATIONS ANNOUNCES RESIGNATION OF
JOHN J. MCLAINE, PRESIDENT AND COO
CANTON, DANCE, AND MERRICK TO BE NOMINATED AS DIRECTORS
Dallas, TX - Kenny A. Troutt, chairman and chief executive officer of Excel
Communications, Inc. (NYSE: ECI) today announced the resignation of John J.
(Jack) McLaine (48) as president, chief operating officer, and a director of the
company. The resignation is effective immediately.
Mr. McLaine served as president and chief operating officer, a position Mr.
Troutt had held since the founding of Excel. Mr. Troutt will assume the
responsibilities of president and chief operating officer.
"Excel appreciates Jack's contributions over the past four years as a
valuable member of the management team. I wish Jack and his family happiness in
the years to come as he pursues some long-delayed personal goals," stated
Troutt.
Mr. Troutt also announced that the Board intends to nominate the following
people for election to the board of directors: Stephen G. Canton (42),
president, commercial sales division - Telco Communications Group, Inc.; J.
Christopher Dance (33), executive vice president, general counsel, and
secretary; and Nicholas A. Merrick (35), executive vice president and chief
financial officer. Upon their election, the board will number seven, including
Ronald A. McDougall, T. Allan McArtor, Stephen R. Smith, and Kenny A. Troutt.
Dallas-based Excel Communications, Inc. is the fifth largest long distance
company in the United States. Utilizing a state-of-the-art, facilities-based
network, the Company offers its subscribers residential and commercial long
distance services, dial-around services, calling cards and paging services.
Excel markets these products nationwide to residential and commercial customers
under the Excel and Telco subsidiaries. Excel has more than 3,000 employees who
support the corporate, network management, billing, teleservices and marketing
functions of the Company. Visit Excel Communications home page on the World Wide
Web: http://www.excel.com.
