Edition:
United Kingdom

Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

54.90USD
19 Oct 2018
Change (% chg)

$0.25 (+0.46%)
Prev Close
$54.65
Open
$54.59
Day's High
$55.49
Day's Low
$54.52
Volume
4,721,039
Avg. Vol
4,104,475
52-wk High
$55.90
52-wk Low
$43.97

Summary

Name Age Since Current Position

Lowell McAdam

63 2018 Chairman of the Board

Hans Vestberg

53 2018 Chief Executive Officer, Executive Vice President, Chief Technology Officer and President - Global Networks

Matthew Ellis

46 2016 Chief Financial Officer, Executive Vice President

Marc Reed

59 2012 Executive Vice President, Chief Administrative Officer

Timothy Armstrong

47 2018 Executive Vice President and President and CEO - Oath

Rima Qureshi

53 2017 Executive Vice President, Chief Strategy Officer

Craig Silliman

50 2015 Executive Vice President – Public Policy and General Counsel

Anthony Skiadas

49 2013 Senior Vice President, Controller

Chris Bartlett

2018 Senior Vice President - corporate development and Verizon Ventures

Martha Keeth

71 2006 Lead Independent Director

Daniel Schulman

60 2018 Director

Shellye Archambeau

55 2013 Independent Director

Mark Bertolini

62 2015 Independent Director

Richard Carrion

65 1997 Independent Director

Melanie Healey

57 2011 Independent Director

Clarence Otis

61 2006 Independent Director

Rodney Slater

63 2010 Independent Director

Kathryn Tesija

55 2012 Independent Director

Gregory Weaver

66 2015 Independent Director

Brady Connor

2018 Senior Vice President

Biographies

Name Description

Lowell McAdam

Mr. Lowell C. McAdam is Non-Executive Chairman of the Board of Verizon Communications Inc, effective January 1, 2019. He is no longer Chief Executive Officer of the Company, effective August 1, 2018. He is Chairman (since 2012) and Chief Executive Officer (since 2011) of Verizon Communications Inc. Prior to becoming CEO, Mr. McAdam served in numerous positions of responsibility, including President and Chief Operating Officer of Verizon Communications Inc., President and CEO of Verizon Wireless, and Executive Vice President and Chief Operating Officer of Verizon Wireless. Before Verizon Wireless was formed, Mr. McAdam held executive positions with PrimeCo Personal Communications, AirTouch Communications and Pacific Bell. Mr. McAdam spent six years in the U.S. Navy Civil Engineer Corps and became a licensed professional engineer in 1979. In the past five years, Mr. McAdam has served as a director of General Electric Company.

Hans Vestberg

Mr. Hans E. Vestberg is Chief Executive Officer, Executive Vice President, Chief Technology Officer and President - Global Networks of the Company, effective August 1, 2018. He joined Verizon in April 2017 as Verizon’s Executive Vice President, President of Global Networks and Chief Technology Officer and has held that position since that date. Prior to joining Verizon, Mr. Vestberg served as President and Chief Executive Officer of Ericsson from 2010 to 2016. Mr. Vestberg also served as Chief Financial Officer of Ericsson from 2007 to 2009.

Matthew Ellis

Mr. Matthew D. Ellis is a Chief Financial Officer, Executive Vice President of the Company. Mr. Ellis served as Senior Vice President and CFO of Operations - Finance from February 2015 until the appointment to his current role in November 2016 and as Senior Vice President and Treasurer from the time he joined the Company in 2013 until February 2015. Prior to joining Verizon, Mr. Ellis served in leadership positions at Tyson Foods, Inc. for 15 years, most recently as Vice President and Treasurer responsible for financing, cash management, insurance and credit.

Marc Reed

Mr. Marc C. Reed is Executive Vice President, Chief Administrative Officer of the Company. He is responsible for establishing overall Verizon policy and strategy related to compensation, benefits, labor policy, executive staffing, diversity, ethics and safety/environment. Prior to his current position, he was vice president - Human Resources for Verizon Wireless, responsible for delivery of human resources services such as employee relations, compensation and benefits, training and development, staffing, diversity, and human resources compliance efforts. Previously, he was vice president - Human Resources for GTE Communications Corporation (GTECC), GTE's competitive local exchange carrier, a position he held since September of 1997. In that company, he was responsible for developing and implementing GTECC's strategic human resources business plan. Prior to that assignment, he was director - Human Resources for GTE Wireless. He began his career with GTE in 1986, as a member of the human resources staff at GTE's World Headquarters. The following year he was appointed to the first of a series of key human resources executive positions at GTE Wireless. He earned a bachelor’s degree in business administration from the State University of New York at Buffalo.

Timothy Armstrong

Mr. Timothy M. Armstrong is Executive Vice President and President and CEO - Oath of the Company. Mr. Armstrong joined the Company in 2015 in connection with the acquisition of AOL Inc. Until the appointment to his current role in January 2018, Mr. Armstrong served as Chief Executive Officer of AOL, now known as Oath. Prior to joining Verizon, Mr. Armstrong served as Chief Executive Officer of AOL Inc. from 2009 to 2015.

Rima Qureshi

Ms. Rima Qureshi is Executive Vice President, Chief Strategy Officer of the Company. Ms. Qureshi joined the Company in November 2017. Prior to joining Verizon, Ms. Qureshi served as President and Chief Executive Officer of Ericsson North America from 2016 to 2017 and as Senior Vice President and Chief Strategy Officer and head of mergers and acquisitions from 2014 to 2016. Ms. Qureshi also served as Vice President of Ericsson’s CDMA Mobile Systems Group, Senior Vice President of Strategic Projects, Chairman of Ericsson’s Northern Europe, Russia and Central Asia Group and Chairman of Ericsson’s Modem division before becoming Chief Strategy Officer.

Craig Silliman

Anthony Skiadas

Mr. Anthony T. Skiadas is Senior Vice President, Controller of the Company. Mr. Skiadas has held high-level managerial positions in the finance organization of Verizon and its subsidiaries over the past five years.

Chris Bartlett

Mr. Chris Bartlett is Senior Vice President - corporate development and Verizon Ventures of the Company. Bartlett assumes responsibility for joint ventures, strategic investment activity, acquisitions and divestitures. He was most recently managing director at Morgan Stanley, where he led North America media and communications mergers and acquisitions, since 2004. Prior to Morgan Stanley, Bartlett worked at Bear, Stearns & Co. in media and communications mergers and acquisitions, and at Arthur Andersen LLP. He holds an MBA from Columbia Business School and a bachelor’s degree in finance from the University of Texas at Austin.

Martha Keeth

Ms. Martha Frances Keeth is Lead Independent Director of Verizon Communications Inc. Ms. Keeth was Executive Vice President of Royal Dutch Shell plc, a global energy company, from 2001 to 2006, and was Chief Executive Officer of Shell Chemicals Limited from 2004 to 2006. During her long tenure at Royal Dutch Shell, Ms. Keeth served in a number of other positions of responsibility, including Executive Vice President, Finance and Business Systems, and Executive Vice President, Customer Fulfillment and Product Business Units. Before holding these positions, Ms. Keeth was controller and principal accounting officer of Mobil Corporation. Ms. Keeth has served as a director of Arrow Electronics, Inc. since 2004, and in the past five years, she has served as a director of Peabody Energy Corporation.

Daniel Schulman

Mr. Daniel H. Schulman is Director of the Company. He was President and Chief Executive Officer of PayPal Holding, Inc.

Shellye Archambeau

Ms. Shellye L. Archambeau is Independent Director of the Company. She is the former Chief Executive Officer of MetricStream, Inc., a leading provider of governance, risk, compliance and quality management solutions to corporations across diverse industries. She served in this role from the time she joined MetricStream in 2002 until 2018. Prior to that, Ms. Archambeau served as Chief Marketing Officer and Executive Vice President of Sales for Loudcloud, Inc., Chief Marketing Officer of NorthPoint Communications, and President of Blockbuster Inc.’s e-commerce division. Before she joined Blockbuster, she held domestic and international executive positions during a 15-year career at IBM. Ms. Archambeau has served on the board of Nordstrom, Inc. since 2015, and in the past five years, she has served on the board of Arbitron, Inc.

Mark Bertolini

Mr. Mark T. Bertolini is Independent Director of Verizon Communications Inc. Mr. Bertolini is Chairman and Chief Executive Officer of Aetna Inc., a Fortune 100 diversified healthcare benefits company. Prior to assuming the role of Aetna’s CEO in 2010 and Chairman in 2011, Mr. Bertolini served as President from 2007, responsible for all of Aetna’s businesses and operations across the company’s range of healthcare products and related services. He also served as Executive Vice President and head of Aetna’s regional businesses. Mr. Bertolini joined Aetna in 2003 as head of Aetna’s Specialty Products after holding executive positions at Cigna, NYLCare Health Plans and SelectCare, Inc.

Richard Carrion

Mr. Richard L. Carrion is Independent Director of Verizon Communications Inc. He has served for over 20 years as Chairman and Chief Executive Officer of Popular, Inc., a diversified bank holding company. He served as a director of the Federal Reserve Bank of New York – a government-organized financial and monetary policy organization – from 2008 to 2015. He also served as a director of NYNEX Corporation, one of Verizon’s predecessor companies, from 1995 to 1997.

Melanie Healey

Ms. Melanie L. Healey is Independent Director of Verizon Communications Inc. Ms. Healey is the former Group President of The Procter & Gamble Company, one of the leading providers of branded consumer packaged goods. She served in this role from 2007 to 2015. During her tenure at Procter & Gamble beginning in 1990, Ms. Healey held a number of positions of responsibility, including Group President and advisor to the Chairman and CEO, Group President of North America and Group President for the Global Feminine and Health Care Sector. Ms. Healey has served as a director of Hilton Worldwide Holdings Inc. since September 2017, PPG Industries, Inc. since 2016 and Target Corporation since 2015.

Clarence Otis

Mr. Clarence Otis, Jr. is Independent Director of Verizon Communications Inc. Mr. Otis is the former Chairman and Chief Executive Officer of Darden Restaurants, Inc., the largest company-owned and operated full–service restaurant company in the world. He served as CEO of Darden Restaurants from 2004 to 2014 and as Chairman from 2005 to 2014. After joining Darden in 1995 as Vice President and Treasurer, Mr. Otis served in a number of positions of responsibility, including Chief Financial Officer, Executive Vice President, and President of Smokey Bones Barbeque & Grill, a restaurant concept formerly owned and operated by Darden. Mr. Otis also served as a director of the Federal Reserve Bank of Atlanta from 2010 to 2015. He has served as a director of The Travelers Companies, Inc. since August 2017 and VF Corporation since 2004. He has also been a director of 138 funds within the MFS Mutual Funds complex since March 2017.

Rodney Slater

Mr. Rodney Earl Slater is Independent Director of Verizon Communications Inc. Mr. Slater has been a Partner at the law firm Squire Patton Boggs LLP since 2001 practicing in the areas of transportation, infrastructure and public policy. Previously, Mr. Slater served as the U.S. Secretary of Transportation from 1997 to 2001, and as the Administrator of the Federal Highway Administration from 1993 to 1997. Mr. Slater has served as a director of Kansas City Southern since 2001 and Transurban Group since 2009. In the past five years, Mr. Slater has also served as a director of Atkins plc.

Kathryn Tesija

Ms. Kathryn A. Tesija is Independent Director of Verizon Communications Inc. Ms. Tesija is the former Executive Vice President and Chief Merchandising and Supply Chain Officer of Target Corporation, the second largest discount retailer in the United States. She served in this role from 2008 to 2015. During her tenure at Target beginning in 1986, Ms. Tesija served in numerous positions of responsibility, including Director, Merchandise Planning, Senior Vice President, Hardlines Merchandising, and Strategic Advisor. Ms. Tesija has served on the board of Woolworths Group Limited since 2016.

Gregory Weaver

Mr. Gregory G. Weaver is Independent Director of Verizon Communications Inc. Mr. Weaver was Chairman and Chief Executive Officer of Deloitte’s audit and enterprise risk services firm, Deloitte & Touche LLP, from 2012 to 2014 and from 2001 to 2005. From 2006 to 2012, he served on the board of directors of Deloitte’s U.S. organization and on its Governance, Compensation and Succession Committees. During Mr. Weaver’s 40 years of experience at Deloitte, including 30 years as a partner, he served as lead client service partner, audit partner and advisory partner for several of Deloitte & Touche’s largest clients. Mr. Weaver has served on the board of trustees of the Goldman Sachs Trust since 2015.

Brady Connor