David W. Dorman

David W. Dorman
Born: 1954
Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business
Nationality: United States
Executive summary: CEO of AT&T, 2002-06
Wife: Susan (three children)
    University: BS, Georgia Institute of Technology (1975)
    AT&T CEO (2002-06)
    AT&T President (2000-02)
    Concert Communications CEO (1999-2000)
    PointCast President and CEO (1997-99)
    SBC EVP (1997)
    Pacific Bell President and CEO (1994-97)
    Sprint President of Sprint Business (1990-94)
    Sprint (1981-90)
    Member of the Board of AT&T (as Chairman, 2002-06)
    Member of the Board of CVS (-2007)
    Member of the Board of CVS Caremark (2007-)
    Member of the Board of Motorola (2006-)
    Member of the Board of Pacific Bell (as Chairman, 1994-97)
    Member of the Board of PointCast (as Chairman, 1997-99)
    Member of the Board of Scientific-Atlanta (1998-2006)
    Member of the Board of Yum! Brands (2005-)
    Friends of George Allen
    Georgia Tech Foundation Trustee
    John McCain 2008
    New Leadership for America PAC
    Romney Victory Inc.
    Woodruff Arts Center Trustee

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Deadly Equity: The Deadly Side of the Longs Drugs Acquisition

The Private Equity Takedown of Longs Drugs

When the consultants come to down another business goes down

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Longs Drugs Portal

The Pathetic Loss of his son, then the loss of his life.

James Powell, a 40 year resident of Walnut Creek was once a Senior Project Manager for Longs Drug 

Jim

Jim and his service dog

A Longs Drugs History Primer

James Powell was senior project manager at Longs Drugs working on the upcoming Point-of-Sale rollout during 2007. Durint the rollout he walked into the restroom and left via ambulance never to return allowing the consultants botch the upgrade bounce the allowing outside parties to acquire the company.

Leadership Changes

Longs Drug Stores Corp. in Walnut Creek, Calif., recently announced that Michael M. Laddon has joined the company as CIO, reporting to the CEO. Laddon previously was CIO at Produceline.com and Ralphs Grocery Co.

Follow the Money

The retail sector is dominated by the investment community driving deals in any direction they choose. Getting in their way might be the end of your career or life but that's your choice!

Blood on their hands

ssex Bags Brio in Walnut Creek for $165M San Mateo, CA-based Essex Property Trust acquired Brio, a 300-unit apartment complex in Walnut Creek, CA, for $164.9 million, or roughly $550,000-per-unit. The complex was sold by SummerHill Apartment Communities, which completed the project in 2015.

The Headquarters

This prime location sat empty near downtown Walnut Creek for many years after the 2008 acquisition by CVS.

Long Drugs Headquarters

Longs during the 50s

Dying for Private Equity

The Story of how two studens each connected to signficant events, one connected to the Merger and Acquisition of Long's Drugs whose former Headquarters located on Civic Drive Walnut Creek

The Los Lomas Tragedies

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When Private Equity Comes to Town / Employees Longs Drugs from Los Lomas Students Drown?

Connecting Current CVS CEO David Dorman former CEO of AT&T who "acquired" SBCGlobal just after the NIMDA Virus crashed networks from inside.  

Pete

The folks at TPG will have to answer to my Whistleblower Complaints on the truly odd collection of RFPs emanating from companies connected to Richard Blum, William McGlashan, CBRE, Regency Centers, Trammel Crow, Lennar, Catellus.

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My story is about witness murders, private equity, mergers and acquisitions linked back to the Matter of Bennett v. Southern Pacific lost in 1989.  It was a winnable case as long the witnesses testified.  

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The Longs Drugs Takeover Backstory and the Private Equity Murders

Longs Drugs Senior Project Manage James Powell went up the "Consultants and Lawyers"

The information learned coupled with the personal experience of being tackled head-on my the outsourcers of America.

Early career

Dorman joined a company that was to become Sprint Communications in 1981 as employee number 55. He climbed the corporate ladder to become President of Sprint Business - with 10,000 employees and revenues of $4.5Bn by the time he was 35.[5]

Dorman became the youngest CEO of a Baby Bell company at the age of 39 following the decision to join Pacific Bell as President & CEO in 1994. The company was acquired by SBC Communications in 1997, and Dorman resigned shortly thereafter to join early news aggregation service PointCast as CEO. Despite lofty expectations PointCast failed to deliver on its potential, and Dorman subsequently left to become CEO of Concert Communications Services, a joint venture between BT and AT&T.[6]

Tenure at AT&T

Dorman became CEO of AT&T after his predecessor, C. Michael Armstrong, joined Comcast as part of the company's acquisition of AT&T's broadband assets during the summer of 2002.[7] The broadband disposition was one of many high-profile transactions made during Armstrong's tenure. Other notable moves include the acquisition of TCI, Inc in 1998 for $48 billion, and the spin-off of the wireless business into Cingular in 2001.[8][9]

The early part of Dorman's tenure as CEO was spent restructuring a stressed balance sheet, and re-positioning the company's product mix in response to dramatic changes in the competitive environment.[10] Ultimately, the decision was made to position AT&T as an enterprise services company in the hope that such a move would make the business more attractive to potential acquirers. After an attempt to sell the business to BellSouth fell through, Dorman was able to reach terms with SBC to acquire AT&T during late 2004.[11] Although he initially agreed to join SBC as a President, Dorman ultimately elected to pursue other opportunities and parted ways with the business shortly after the acquisition was finalized.[12][13][14]