John D. Zeglis retired Chairman and CEO of AT&T Wireless Services (1999- 2004), and President of AT&T
(1997 to 2001) prior to the spin-off of AT&T Wireless in year 2000.
He is also a brother of David Zeglis of the South Shore of Lake Maxinkuckee.
John was born in Momence, Illinois and reared there. He is the son of Donald D. and Dorothy
Ann Joost Zeglis He married Carol Jane Hamm who also graduated from the University of Illinois in 1969
and has three children.
He attended summer camp at the Culver Academies as a teenager.
He was a distinguished basketball player and golfer in high school, graduating at the top of his class.
Spending his undergraduate years at the University of Illinois in Urbana-Champaign, where he member of the Illio
staff, committee chairman for Illini Union Student Activities; and valedictorian of his 1969 class in the College
of Commerce and Business Administration, as a Bronze Tablet Scholar with a B.S. in finance. While there, he
served as the house president of Beta Theta Pi and was a member of Sigma Iota Epsilon. He was also admitted to Beta
Gamma Sigma and Phi Kappa Phi.
In 1972 he graduated magna cum laude graduate from Harvard Law School, with a J.D. and was a senior editor of the
prestigious Harvard Law Review. Winning the Knox Memorial Fellowship for a year of postgraduate studies in antitrust
law and economics in Europe. He was also a member of such honoraries as Phi Eta Sigma, Sachem, and Omicron Delta
Kappa. A member of Beta Theta Pi social fraternity, serving as house president in his senior year. Other
organizations to which he belonged included Beta Gamma Sigma, Phi Kappa Phi, and Sigma Iota Epsilon.
Right after law school, Zeglis studied law and economics in Europe on a Knox Memorial fellowship.
Beginning his career in 1973 as an associate with Sidley & Austin, a prominent Chicago law firm whose clients included
AT&T; and was made a partner of the firm in 1978. There he gained valuable experience in telecommunications
legislation while working on an important Federal Communications Commission rate case.
In 1982, when AT&T acted to settle a massive antitrust suit brought by the U.S. Department of Justice, Zeglis was placed
in charge of writing the court-ordered divestiture plan that broke AT&T into seven regional, or "baby Bell," telephone
companies. AT&T being the arent company of the monopoly Bell telephone system, which made it one of the nation's largest
corporations. This complex breakup plan, implemented in 1984, was regarded as an ingenuous feat that solidified his
relationship with AT&T.
On January 1, 1984, he joined AT&T as corporate vice president - law and in 1986 was named executive vice president and
general counsel. Becoming involved in the formulation of AT&T's government and regulatory policies while the company
defended itself against new long-distance competitors and reorganized its corporate structure in the face of a rapidly
changing telecommunications industry. While working behind the scenes as AT&T's chief legal advisor, Zeglis gained access
to the company's power center as a trusted and indispensable witness to high-level strategy sessions and board meetings.
During the mid-1990s Zeglis was given charge of orchestrating the second AT&T divestiture, the largest voluntary corporate
breakup in U.S. history at that time. Resulting was the creation of Lucent Technologies in 1996 and NCR Corporation in 1997.
Zeglis was also a key decision maker behind AT&T's $11.5 billion acquisition of McCaw Cell ular Communications Corporation in 1
994, overseeing AT&T's lobbying strategy for the Telecommunications Act of 1996 and AT&T's failed bid to merge with SBC
Communications in 1997
Being passed over for the appointment of CEO when Robert E. Allen resigned that post in favor of C. Michael Armstrong; he was
appointed Vice Chairman June 1997 in an effort to keep him from accepting the position as CEO of Illiova. In October 1997, he was
named the new president and chief operating officer of AT&T by Armstrong. He presided over AT&T's wireless, consumer, and
international operations and helped manage AT&T's newly acquired cable television assets with the 1998 purchase of
Tele-Communications Incorporated.
In December 1999, Zeglis was elected Chairman & CEO of the AT&T Wireless Group. Under Zeglis's guidance, AT&T Wireless upgraded
its networks, improved customer service, and went public as a tracking stock in 2000, a move that raised $10.6 billion.
April 2000, AT&T Wireless debuted on the stock market, selling $10.6 billion in stock. The shares were the most active of the day
and the fifth-most-traded stock in history, closing at $31.81 a share and employees were thrilled to buy stock at a designated
$29.50 a share.
In June 2001 he was appointed chairman of the board in addition to his duties as chief executive. When the split-off was completed
John Zeglis, Walter Elisha, Donald Fites and Ralph Larsen, left the AT&T board and immediately join the AT&T Wireless board -
rounding out the board were: Nobuharu Ono, an executive at NTT DoCoMo, John Madigan, CEO of the Tribune Company, Barry Rand, a
retired executive from Avis Holdings, and Carolyn Ticknor, a retired executive from Hewlett-Packard. The move from corporate AT&T
headquarters in New Jersey to AT&T Wireless headquarters in Redmond, was made. In July of 2001, AT&T distributed the remaining 1.16
billion shares of stock in AT&T Wirelessto the existing AT&T shareholders and they were to receicve roughly one-third of a share
of AT&T Wireless for each share of AT&T stock - making Wireless a fully independent company. Thus Zeglis became CEO of the
largest independently owned and operated mobile phone companies in North America, with 22 million subscribers.
The company Zeglis inherited had a major technology problem. Its networks were based on an older technology known as "TDMA" -
time-division m ultiple access - with limited capacity. The scope of its network was another problem, it covered only about 100
million people; only about half the reach of Cing ular. With the influx of new data and m ultimedia services coming down the pike,
AT&T Wireless was faced with the prospect of seeing its capacity exhausted within a few years and the only solution was to proceed
with a costly technology overha ul to the international standard known as "GSM" - - global system for mobile communication. Over two
years, AT&T Wireless spent $5 billion annually upgrading its systems for GSM.
During this time Zeglis was talking with potential merger partners of which he also wanted to be a buyer. With the wireless industry
consolidating, hoping he could expand as AT&T had expanded its cable-TV business by doing a couple of big acquisitions. But nobody
was interested in selling, thus Plan B was put into place - sell AT&T Wireless. By late 2003, Zeglis had managed to rounded up a
half-dozen bidders. They included Nextel, Cingular and Vodafone.
By 2004 AT&T Wireless was the third largest U.S. mobile service provider, behind Verizon Wireless and Cing ular Wireless, but lost
customers due to botched upgrades and the new federal regulation permitting cell ular customers to switch services without changing
their phone numbers. After the decision to put AT&T Wireless on the block January 2004 shareholders picked up around US$15 a share
following a fierce bidding war between Vodafone and Cing ular. After posting first-quarter losses in 2004, the company was sold to
Atlanta-based Cingular Wireless for $US41 billion ($53.56 billion) on Feb. 18 at 2:30 a.m., AT&T Wireless Chief Executive John
Zeglis shook hands with top Cingular executives. Employees will benefit from the deal: Zeglis will get $21.7 million and more than
$86 million will be split among AT&T Wireless executives and directors. In May 2004 AT&T Wireless shareholders on approved
the $41 billion buyout by Cing ular Wireless. The shareholders who actually voted during the annual meeting, 98 percent approved the
merger but when accounting for the missing voting block, the merger proposal was approved by 65 percent of all shareholders.
With the finalization of Cingular's acquisition of AT&T Wireless on 26 October 2004 came the dissolution of AT&T Wireless,and Zeglis
indicated that he would leave the telecommunications business to pursue other interests, retiring in November, 2004, following the
company's sale to Cingular Wireless (largest cash transaction ever). The Zeglis's also sold their home in Madison, N.J., where
they lived for 20 years, a few miles from AT&T's old Basking Ridge headquarters; packed up and moved to Lake Maxinkuckee at Culver ,
Indiana.
The Seattle Times states that a survey found that Zeglis was the 10th-highest paid CEO last year with a total compensation package
of $8.4 million, not including his windfall from the merger. Also that he received $19.1 million for his stock and options and $8
million in severance five years after becoming chief executive and before the company's public offering.
After Zeglis retired and relocated, he and his son-in-law, Jeff Potter, began talking about creating a professional sports team.
After settling on basketball over baseball and indoor football, Zeglis' thoughts quickly turned to the NBA Development League.
John Zeglis, founding member of the Ft. Wayne Basketball Group and the primary investor of group of 11 that will bring an NBA
Development League team to Fort Wayne in the fall, announced in Ft. Wayne at the Allen County War Memorial Coliseum April 10, 2007
that a new D-League franchise, the 16th was awarded to Ft. Wayne, Indiana The unnamed team will play in Memorial Coliseum and
has an affiliation with an NBA team, it's expected that Fort Wayne will be probably be affiliated with the Indiana Pacers and
perhaps another team in the Midwest, perhaps Chicago, Detroit or Cleveland, this will be announced in May. The team will play a
50-game schedule beginning in November 2007. The team will play several games on Thursdays, as well as some on Fridays and Saturdays.
But he said the team's big game day will be Sunday. Start times still are unknown. He and son-in-law, Jeff Potter, the franchise's
president and a former player at the University of Oregon a three-year starter from 1993 to '95at the University of Oregon, was
named the team's president, looked long and hard before settling on Fort Wayne. Potter is also a former county prosecutor in
Illinois.