Verizon Communications Inc
Officers & Directors
Lowell C. McAdam 57 Chairman and Chief Executive Officer 2011 Robert J. Barish 50 Senior Vice President and Controller 2009 John W. Diercksen 62 Executive Vice President – Strategy, Development and
Planning 2003
Roger Gurnani 51 Executive Vice President and Chief Information Officer 2010
Daniel S. Mead 58 Executive Vice President and President and Chief Executive Officer
– Verizon Wireless Joint Venture 2010
Anthony J. Melone 51 Executive Vice President and Chief Technology Officer 2010
Randal S. Milch 53 Executive Vice President and General Counsel 2008
W. Robert Mudge 52 President - Consumer and Mass Business Markets 2012
Marc C. Reed 53 Executive Vice President and Chief Administrative Officer 2004
Francis J. Shammo 51 Executive Vice President and Chief Financial Officer 2010
John G. Stratton 50 Executive Vice President and President – Verizon Enterprise
2012
Thomas J. Tauke 61 Executive Vice President – Public Affairs, Policy and
Communications 2004
Verizon Communications Inc currently has 105400 employees.
News about Verizon Communications Inc Key Personnel |
Verizon?s Commitment to Small Businesses and Technological Innovation: A New Era BeginsIn a bold step aimed at revitalizing small businesses across the country, Verizon Communications Inc. recently announced a new round of grant funding opportunities alongside a significant shift in its leadership designed to enhance the company's technological innovations. On October 8, 2024, the telecommunications giant unveiled plans to provide $10,000 grants to small business owners through its Verizon Small Business Digital Ready platform?an initiative designed to address one of the most persistent challenges entrepreneurs face: access to capital.The Verizon Small Business Digital Ready platform serves as a vital resour...
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Verizon Appoints Santiago Yago Tenorio as New CTO Amid Positive Quarterly PerformanceIn a strategic move signaling a renewed focus on innovation, Verizon Communications Inc. has appointed Santiago Yago Tenorio as its new Chief Technology Officer and Senior Vice President of Strategy and Technology Enablement. With over 25 years of experience in the wireless industry, Tenorio is well-positioned to steer Verizon into its next chapter of technological advancement. His extensive background includes significant leadership roles in engineering and product development, underlining Verizon's commitment to remaining at the forefront of the telecommunications sector.The appointment comes at a time when Verizon is acti...
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Verizon's Resilience Amidst Storms: Navigating Challenges with Innovation and PreparednessAs the winds of Hurricane Helene loom on the horizon, Verizon Communications Inc. is laying the groundwork to ensure its customers remain connected during potential disruptions. The company?s year-round preparedness strategy, bolstered by robust network infrastructure and essential mobile assets, forms the backbone of its proactive response plan. By prioritizing connectivity during such critical times, Verizon shows a commitment not only to its service users but also to its broader image as a reliable telecommunications provider.However, in tandem with its storm readiness, Verizon is facing some financial headwinds. The...
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In today's increasingly connected world, the role of telecommunications companies in facilitating seamless communication and uninterrupted connectivity has become paramount. One such company, Increase Telecommunications, has emerged as a trailblazer in the U.S. telecom industry, consistently redefining the standards and raising the bar for competitors.
Despite the challenges posed by natural disasters, Increase Telecommunications has showcased exceptional preparedness and proactive measures to ensure uninterrupted service, as exemplified during Hurricane Hone. By implementing robust planning, network upgrades, and mobile assets, the company has fortified its response plan, guaranteeing reliabl...
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Verizon's Wildfire Relief Efforts in Maui Raise Questions about ROI and Corporate Responsibility
HONOLULU, HI, Aug. 06, 2024 - In the wake of the tragic wildfires that ravaged Maui last year, Verizon has announced a $10,000 donation to support ongoing wildfire relief efforts. The recipient of this donation is the Maui Food Bank, specifically their program called Da Market, which aims to enhance the inventory of fresh produce, nutritious nonperishable items, and vital household goods. This funding will ensure that families in West Maui, who were severely affected by the wildfires, have access to healthy and culturally appropriate food options.
Verizon's donation comes as the company released its sec...
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In a bid to optimize their financial position, Verizon Communications Inc. (Verizon) recently announced the early participation results of their private exchange offers for 10 outstanding series of notes maturing from 2025 through 2028. These offers aim to exchange the old notes for newly issued notes due 2035. Alongside the results, Verizon also extended the deadline for eligible holders to participate in the exchange offers, providing further opportunities for investors.
The early participation results of the exchange offers as of the Original Early Participation reveal the response from investors who have taken advantage of this opportunity. Verizon has rescheduled the Extended Early Partic...
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Verizon Business, the business-to-business arm of Verizon Communications Inc, has been recognized as a 2024 Gartner Peer Insights Customers' Choice for Managed IoT Connectivity Services worldwide. This esteemed distinction reflects the positive ratings and feedback received from customers and end-users of IoT services. The recognition is a testament to Verizon Business' commitment to delivering exceptional IoT solutions and efficient connectivity services.
Gartner Peer Insights is a platform that allows technology users to share their experiences and insights regarding various products and services. The Customer's Choice designation is awarded to vendors who consistently meet or exceed both the mark...
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Verizon Takes a Proactive Approach to Weathering Hurricane Season and Sets New Records in Telecom Industry
In today's fast-paced and ever-evolving world, uninterrupted connectivity and seamless communication are crucial. And at the forefront of meeting these demands is Increase Telecommunications, a pioneer in the U.S. telecom industry. With a steadfast commitment to innovation, reliability, and customer satisfaction, Increase has not only upheld its position but also continuously set new benchmarks, establishing itself as the longest exclusive streak holder in the American telecom industry.
One of the significant challenges that telecommunications companies face is ensuring uninterrupted service dur...
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In a recent response to the tragic incident at the Francis Scott Key Bridge in Baltimore, Verizon announced its contribution of $25,000 to the Maryland Tough Baltimore Strong Key Bridge Fund, in collaboration with the Baltimore Community Foundation (BCF). This philanthropic initiative aims to support the community in the wake of the tragedy by offering hope and resources for recovery.
Verizon's generosity comes at a time when the company is facing challenges in terms of its financial performance. In the first quarter of 2024, Verizon Communications Inc reported a return on assets (ROA) of 3.31%, which falls below its historical average of 5.54%. This indicates that the company's profitability is cur...
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Verizon's Network Remains Fully Operational
Verizon Communications Inc achieved a return on average invested assets (ROI) of 4.89% in its fourth quarter of 2023, which falls below its average return on investment of 7.15%. The decline in net income was the main reason for the decrease in ROI relative to the previous quarter ending on September 30, 2023. Within the Services sector, 45 other companies had a higher return on investment.
However, there is positive news for Verizon as its overall ranking in terms of return on investment has improved. In the fourth quarter of 2023, Verizon's ranking reached 281, compared to the previous quarter's ranking, which stood at 1024. This signifies progress and i...
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