James Crowe, the CEO of Level 3 Communications for more than 15 years, plans to leave the post before the end of 2013. Level 3's board of directors has formed a CEO search committee. Crowe said in a statement: "For some time, the board and I have been considering CEO succession. Given the company's financial and operational strength, we have concluded that it is an appropriate time to begin the transition to new leadership with new perspectives."
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