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: February 6, 2003
BROADWING INC.
(Exact name of registrant as specified in its charter)
Ohio 1-8519 31-1056105
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
201 East Fourth Street
Cincinnati, Ohio 45202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (513) 397-9900
FORM 8-K BROADWING INC.
ITEM 5. OTHER EVENT.
On February 3, 2003 Broadwing Inc. entered into amended employment agreements
with its Chief Executive Officer, Kevin W. Mooney, its Chief Financial Officer,
Thomas L. Schilling, its Chief Human Resources Officer, General Counsel and
Corporate Secretary, Jeffrey C. Smith and its Senior Vice President of Corporate
Development, Michael W. Callaghan. The contract amendments provide incentives
for the employees to sell the broadband business of Broadwing Communications
Inc. and to amend the Company's credit facility, as well as provide for their
retention through the period of the Company's restructuring. Amendments to the
employment agreements are attached as Exhibit 99(i).
To provide a clear focus on the restructuring efforts and an equal attention to
ongoing operations, with Mr. Mooney's consent, the Chief Operating Officer of
Broadwing Inc., Jack Cassidy, will report directly to the Board of Directors
effective February 3, 2003.
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 hereunto duly authorized.
BROADWING INC.
By: /s/ Jeffrey C. Smith
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Jeffrey C. Smith
Chief Human Resources Officer,
General Counsel and Corporate Secretary
Date: February 6, 2003