XO Names Thomas New CFO

XO Communications (XOHO) announced Tueday that Laura W. Thomas has been promoted to CFO, effective June 14.

In her role as CFO, Thomas will lead XO Communications’ financial strategy including all reporting, auditing, taxation and investor relations functions. She will work with the company’s senior executive team to develop and implement the company’s long-term business strategy and will report directly to CEO Carl Grivner.

Thomas brings more than 30 years of experience in finance and telecommunications to the position. During the past nine years, Thomas served as vice president of finance for XO Communications. In this capacity, she oversaw various financial and accounting functions including revenue accounting, billing, business planning and analysis, external Security and Exchange Commission reporting and Sarbanes Oxley compliance, among other responsibilities. Thomas also worked closely with the senior executive team to manage the company’s financial position as it transformed into a broadband-focused telecommunications provider.

Prior to joining XO Communications, Thomas was the vice president of finance at Concert Communications, a joint venture between AT&T and British Telecom. In this role, she served as acting CFO for six months and managed all revenue and telecommunications accounting functions. She also served as director of finance at MCI Communications where she directed revenue reporting and analysis, as well as managed investor relations and financial planning across all of MCI’s business units.

Thomas earned her Master’s of Business Administration degree from George Washington University, as well as a Bachelor’s of Arts degree in French and Business from Radford University.