SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 1, 2000
KMC TELECOM HOLDINGS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware 333-50475 22-3545325
(State or Other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
KMC Telecom Holdings, Inc.
1545 Route 206, Suite 300
Bedminster, New Jersey 07921
(Address of Principal Executive Offices, Including Zip Code)
Registrant's telephone number, including area code: 908-470-2100
Exhibit List Appears on Page 4
<PAGE>
ITEM 5. OTHER EVENTS.
KMC Telecom Holdings, Inc. (the "Registrant") wishes to report certain
information with respect to a change in its management. The Registrant's press
release announcing the change in management, dated May 1, 2000, is attached
hereto as Exhibit 99.1 and is incorporated herein by reference in its entirety.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
Not Applicable
(b) Pro Forma Financial Information.
Not Applicable
(c) Exhibits.
The following exhibits are filed with this Report.
EXHIBIT NO. DESCRIPTION
99.1 Press Release, dated May 1, 2000
2
<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.
KMC TELECOM HOLDINGS, INC.
Date: May 1, 2000 By: /s/ ROBERT F. HAGAN
-------------------------------------
Name: Robert F. Hagan
Title: Senior Vice President Finance
3
<PAGE>
EXHIBIT LIST
EXHIBIT NO. DESCRIPTION
99.1 Press Release, dated May 1, 2000
4
EXHIBIT 99.1
KMC TELECOM NAMES WILLIAM F. LENAHAN AS CEO
BELLSOUTH WIRELESS DATA PRESIDENT JOINS KMC MANAGEMENT TEAM,
ADDING DATA MARKET EXPERTISE
BEDMINSTER, NJ, MAY 1, 2000 - KMC Telecom Holdings, Inc., a
growing provider of competitive local telecommunications services, today
announced the appointment of William F. Lenahan as Chief Executive Officer,
completing key management changes begun last month, and adding new strength in
the data communications arena for the company.
Mr. Lenahan joins KMC from BellSouth Wireless Data, where he
was President and CEO, responsible for financial performance and nationwide
wireless data strategy for this division of BellSouth Corporation. As CEO and a
member of the Board of Directors of KMC Telecom, Mr. Lenahan will oversee
strategic direction for KMC.
Mr. Lenahan's appointment as CEO follows the recent promotion of Chief
Operating Officer Roscoe C. Young II to the position of President and COO, and
the appointment of William Stewart as Chief Financial Officer, rounding out the
company's senior management team.
"We are delighted to welcome a nationally-known executive of Bill
Lenahan's caliber to KMC's core management leadership," said Hal Kamine,
Chairman of KMC Telecom. "With nearly three decades of executive leadership
experience in telecommunications, data and information technology, Mr. Lenahan
adds new management depth to KMC Telecom as we continue our expansion."
"KMC has made significant strides and now serves 34 markets, offering an
exciting array of integrated voice and data services that underscores KMC as the
<PAGE>
premier competitive provider serving America's smaller cities," said Roscoe C.
Young II, KMC President and COO. "With Bill Lenahan's strategic vision, we will
continue KMC's dynamic growth, and fully realize our data capability."
William F. Lenahan has served as President and CEO of
BellSouth Wireless Data, a division of BellSouth Corporation, since October
1994. Previously, he was President and General Manager of Inacom Information
Systems from 1993-94, and from 1987 through 1993 was an executive with Sears
Business Centers, first as Vice President/General Manager and later as President
and CEO.
Mr. Lenahan earned a Bachelor of Science degree in Data Processing at
Kings College, and has pursued graduate studies in Business Administration,
Financial Management and Financial Planning at Pace University, Harvard
University, and at LaHulpe in Belgium. He is a member of the Young President's
Organization, as well as the Advisory Councils of IBM, Compaq and NCR, and is
listed in WHO'S WHO IN NORTH AMERICAN BUSINESS.
KMC Telecom Holdings, Inc., a privately owned facilities-based competitive
local exchange carrier, operates state-of-the-art local fiber optic networks in
34 markets throughout the Mid-Atlantic, Midwest and South. Founded in 1995, the
company offers customers superior alternatives in local telephone and data
communication services. For more information, visit our web site at
www.kmctelecom.com
2
<PAGE>
