August 13, 2026

Clevenger gets corporate development post

A former investment banking expert has joined MGC Communications Inc. to accelerate the company's digital subscriber line and Internet access markets.

S. Gregory Clevenger, a former investment banker with Goldman, Sachs & Co., and Morgan Stanley, has joined Rochester, N.Y.-based MGC as senior vice president of corporate development.

Clevenger, who helped engineer the $62 billion Ameritech-SBC Communications merger while with Goldman Sachs, will direct MGC's e-commerce strategy for business customers using DSL technology.

The company operates in Las Vegas, Southern California, Chicago, Atlanta and South Florida and until last year was headquartered in Las Vegas.

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