CenturyLink announces combined executive team pending Level 3 acquisition

BROOMFIELD — There’s a new executive team for Level 3 Communications Inc. (NYSE: LVLT), effective when its acquisition by CenturyLink Inc. (NYSE: CTL) officially closes.

That new leadership includes Clay Bailey, who as senior vice president of transformation will lead the integration of CenturyLink and Level 3.

Sunit Patel will carry over from Level 3’s leadership team to the combined leadership team as executive vice president and chief financial officer. Patel will be responsible for the company’s domestic and international finance and accounting functions.

Laurinda Pang, who was regional president for North America…