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CenturyLink CEO to retire

Glen Post III will retire as CEO of CenturyLink Inc., effective the day of the company's 2018 annual shareholder meeting in May.

Post had previously announced his intention to retire effective Jan. 1, 2019. The company has tapped President and COO Jeff Storey to be the new CEO and president when Post steps down.

Harvey Perry will continue to serve as chairman of the board, while Bruce Hanks has been appointed as lead independent director.