Verizon Org Chart & Sales Intelligence Blog
Verizon Org Chart & Sales Intelligence Blog
Verizon Communications Inc.
1095 Avenue of the Americas
New York, NY 10036
United States
212-395-1000
http://www.verizon.com
Sector(s): Communication Services
Industry: Telecom Services
Full Time Employees: 118,500
Facebook: https://www.facebook.com/verizon
Instagram: https://www.instagram.com/verizon/
LinkedIn: https://www.linkedin.com/company/verizon/
Twitter: https://twitter.com/verizon
YouTube: https://www.youtube.com/user/verizon
Verizon Communications 2021 Fortune 500 Rank: #20
The Verizon Org Chart Report covers key business units including Verizon Consumer Group and Verizon Business Group. databahn goes further into the lines of business by charting HR, Finance, IT, Operations and more.
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The Verizon Spreadsheet is a directory of names, titles, phone numbers, and addresses.
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| NAME | TITLE | MAIN PHONE | DIRECT PHONE | |
| Diego Scotti | Executive VP & Chief Marketing Officer | diego.scotti@verizonwireless.com | (212) 395-1000 (HQ) | Disguised |
| Shankar Arumugavelu | Senior VP & Chief Information Officer | shankar.arumugavelu@verizon.com | (212) 395-1000 (HQ) | Disguised |
| Kyle Malady | Executive VP & Chief Technology Officer | kyle.malady@verizonwireless.com | (212) 395-1000 (HQ) | Disguised |
| Sampath Sowmyanarayan | Chief Revenue Officer | sampath.s@verizon.com | (212) 395-1000 (HQ) | Disguised |
Download the Verizon Deep-Dive Report to gain contact information for all 1,387 contacts.
| NAME | TITLE | MAIN PHONE | DIRECT PHONE | |
| Diego Scotti | Executive VP & Chief Marketing Officer | diego.scotti@verizonwireless.com | (212) 395-1000 (HQ) | Disguised |
| Shankar Arumugavelu | Senior VP & Chief Information Officer | shankar.arumugavelu@verizon.com | (212) 395-1000 (HQ) | Disguised |
| Kyle Malady | Executive VP & Chief Technology Officer | kyle.malady@verizonwireless.com | (212) 395-1000 (HQ) | Disguised |
| Sampath Sowmyanarayan | Chief Revenue Officer | sampath.s@verizon.com | (212) 395-1000 (HQ) | Disguised |
Verizon Executive Leadership Team
| NAME | TITLE |
| Hans Vestberg | Chairman and Chief Executive Officer |
| Ronan Dunne | Executive Vice President and Group CEO—Verizon Consumer |
| Matthew D. Ellis | Executive Vice President and Chief Financial Officer |
| Tami Erwin | Executive Vice President and CEO—Verizon Business |
| James J. Gerace | Chief Communications Officer |
| Rose Stuckey Kirk | Chief Corporate Social Responsibility Officer |
| Kyle Malady | Executive Vice President and Chief Technology Officer |
| Rima Qureshi | Executive Vice President and Chief Strategy Officer |
| Diego Scotti | Executive Vice President and Chief Marketing Officer |
| Craig Silliman | Executive Vice President and Chief Administrative, Legal and Public Policy Officer |
Download the Verizon Deep-Dive Report to gain access to profiles of the key decision-makers at Verizon.
Verizon Board of Directors
| NAME | TITLE | COMPANY |
| Hans Vestberg | Chairman and Chief Executive Officer | Verizon Communications, Inc. |
| Clarence Otis, Jr. | Former Chairman and Chief Executive Officer | Darden Restaurants, Inc. |
| Shellye L. Archambeau | Former Chief Executive Officer | MetricStream, Inc. |
| Roxanne S. Austin | President and Chief Executive Officer | Austin Investment Advisors |
| Mark T. Bertolini | Former Chairman and Chief Executive Officer | Aetna Inc. |
| Melanie L. Healey | Former Group President |
The Procter & Gamble Company
|
| Laxman Narasimhan | Chief Executive Officer | Reckitt Benckiser Group Plc |
| Daniel H. Schulman | President and Chief Executive Officer | PayPal Holdings, Inc. |
| Rodney E. Slater | Partner | Squire Patton Boggs LLP |
| Carol B. Tomé | Chief Executive Officer | United Parcel Service, Inc. |
| Gregory G. Weaver | Former Chairman and Chief Executive Officer | Deloitte & Touche LLP |
Verizon Sales Trigger Events
Verizon Business Selects Fortinet Secure SD WAN is to Leverage Global Managed Services
Oct 2021
The company deployed Fortinet Secure SD WAN to help safeguard communications between network endpoints and the cloud. This solution provides customers with flexibly in changing digital transformation plans and models.
“The quick transition to hybrid and/or remote working models opened new avenues for cyber threat actors,” said Sampath Sowmyanarayan, Chief Revenue Officer for Verizon Business. “Solutions like Verizon’s Software Defined Secure Branch with Fortinet add those layers of security that help safeguard your employees, your business and ultimately your customers against cyberattacks.” According to the Verizon Business 2021 Data Breach Investigations Report, which analyzes 29,207 quality incidents, of which 5,258 were confirmed breaches, phishing attacks increased by 11 percent, while attacks using ransomware rose by 6 percent. Additionally, 85 percent of breaches involved a human element, while over 80 percent of breaches were discovered by external parties.
Source
Verizon and Microsoft Azure Introduce Private Mobile Edge Cloud
Aug 2021
Microsoft Are and Verizon are capitalizing on their partnership which was announced last year. The companies are introducing an on-premises private edge compute solution. This cloud platform utilizes Verizon's 5G and Azure's Stack Edge which puts storage services at the edge of the network at the customer premises. This solution gives enterprises lower lag time and high bandwidth
Sampath Sowmyanarayan, Chief Revenue Officer of Verizon said, “Our partnership with Microsoft brings 5G Edge to enterprises, dropping latency at the edge, helping critical, performance-impacting applications respond more quickly and efficiently, 5G is ushering in next-generation business applications, from core connectivity to real-time edge compute and new applications and solutions that take advantage of AI transforming nearly every industry.”
Source
Verizon announces expansion of global automation capabilities with Equinix
Aug 2021
The company announced that is expanding Software-Defined Interconnect (SDI) solution to enable customers to connect networking services to cloud providers. With Equinix, Verizon will work to expand the solution to meet global needs.
“Organizations are seeking more agile ways of working from anywhere on any device. To take advantage of new solutions built on 5G, from real-time data analytics and AI, to enhanced security and AR/VR, they need a flexible, programmable, scalable and reliable platform that delivers network services in a much more resilient and cloud-centric way than traditional network infrastructures,” said Massimo Peselli, Senior Vice President of Global Enterprise, Verizon Business. “Equinix is a trusted strategic partner who helps enable our Network-as-a-Service approach to managed services, and this SDI expansion provides our customers with the agility they need to meet their needs as they migrate to the cloud.”
Source
Verizon Business delivers network transformation services to HUB International
Jan 2021
Verizon Business announced today that it will deliver managed network services, network as a service (NaaS), to more than 450 HUB offices throughout the US and Canada. By transforming its current infrastructure into a multi-use network managed by Verizon Business, HUB may see improved speed, capacity, and flexibility, helping employees work more seamlessly, while also enabling HUB to better manage the rapid growth of its business.
“Working with HUB is testament to Verizon’s ability to leverage our network as a service strategy, delivering on what our customers need most,” said Sampath Sowmyanarayan, President, Global Enterprise, Verizon Business. “Working with HUB on their digital transformation journey, our NaaS strategy will allow them to focus on growing their business, while Verizon handles the management and evolution of their network technology.”
Source
Verizon Business Teams with Deloitte to Expand 5G and Mobile Edge Computing Applications
Dec 2020
Verizon Business is teaming with Deloitte to co-innovate 5G and mobile edge computing (MEC) solutions that can transform manufacturing and retail, and ultimately expand to other sectors. The companies plan to create transformational solutions to serve client-specific needs using Deloitte’s industry and solution engineering expertise combined with Verizon’s advanced mobile and private enterprise wireless networks, 5G Edge MEC platform, IoT, Software Defined-Wide Area Network (SD-WAN), and VNS Application Edge capabilities.
Source
Download the Verizon Deep-Dive Report to gain access to all 41 sales trigger events.
Verizon Earnings Call Highlights
Verizon Communications Inc. (NYSE:VZ) Q3 2021 Earnings Conference Call
October 20, 2021
Executives in Attendance
- Hans Vestberg – Chairman and Chief Executive Officer
- Brady Connor – Senior Vice President Investor Relations
- Matthew Ellis – our Chief Financial Officer
Analysts in Attendance
- Phil Cusick – JPMorgan
- Simon Flannery – Morgan Stanley
- Brett Feldman – Goldman Sachs
- John Hodulik – UBS
- David Barden – Bank of America
- Michael Rollins – Citigroup
- Colby Synesael – Cowen
- Craig Moffett – MoffettNathanson
- Kannan Venkateshwar – Barclays
- Frank Louthan – Raymond James
Comments from Hans Vestberg - CEO
"As I've said throughout the year, we have all the assets we need to extend our number one position in the market. Our strategy remains unchanged and we're delivering on everything we promised, and we're gaining momentum on all of five vectors of growth. We have more paths to grow than anybody else and we're confident with our growth targets throughout the years based on our third quarter and continued momentum into the fourth quarter."
"We continue to provide the best-in-class experience across the board. On the network front, third parties continue to recognize us as the best network experience. These includes RootMetrics for the 16th consecutive time and J.D. Power for the 27th consecutive time. Our network team is doing a great job."
"On the commercial front, we've got great momentum into five-year adoption, with over 25% of our consumer phone base using a 5G-capable device. This is tracking well ahead of the 4G adoption, as I've said before. For context, 12 months of the 4G launched, 10% of the devices were in 4G. Less than 12 months after 5G DSS launched, more than the double were on 5G devices and it's growing at a rapid pace. These combined with our millimeter-wave strategy is an important combination and that is paying off."
"For Business segment, we continue to add wireless subscribers and take broadband share in our ILEC footprint with Fios. And finally, we delivered significant value creation and strategy refinement with a sale of the Verizon Media Group in September, depending TracFone acquisition and also the issuance of our third green bond, which is a vital step towards our net zero goal in 2035."
"Our strategy is becoming a national broadband provider with the best access to the tech for our customers includes Fios, fixed wireless access on 5G, 4G millimeter-wave and C-Band. When it comes to the mobile edge compute, we are the mobile edge compute leader, both in public and private."
"Thanks for great partnerships. And we just announced a private mobile edge compute partnership with Amazon that we're pleased with. And this just scratches the surface on how we will continue to utilize our assets. We're confident in our growth opportunities as we move into the investment cycle with C-Band."
Verizon Financial Highlights
| Fiscal Year | |
| Fiscal Year Ends | December 31, 2021 |
| Most Recent Quarter | October 20, 2021 |
| Profitability | |
| Profit Margin | 16.42% |
| Operating Margin | 25.29% |
| Management Effectiveness | |
| Return on Assets | 6.52% |
| Return on Equity | 31.17% |
| Income Statement | |
| Revenue | $134.24 Billion |
| Revenue Per Share | 32.41 |
| Quarterly Revenue Growth | 4.30% |
| Gross Profit | 77.09B |
| EBITDA | 50.3B |
| Net Income Avi to Common | 22.04B |
| Diluted EPS | 5.32 |
| Quarterly Earnings Growth | 47.10% |
| Balance Sheet | |
| Total Cash | 10.15B |
| Total Cash Per Share | 2.45 |
| Total Debt | 178.98B |
| Total Debt/Equity | 228.04 |
| Current Ratio | 0.97 |
| Book Value Per Share | 18.61 |
| Cash Flow Statement | |
| Operating Cash Flow | 40.46B |
| Levered Free Cash Flow | -24.47B |
Highlights from 2020 CEO's Letter to Shareholders
Hans Vestberg
Chairman and Chief Executive Officer
"By the end of 2020, we had 2,700 cities on our Nationwide 5G network, serving 230 million people. In addition, we had introduced 5G Ultra Wideband to more than 60 metro areas across the U.S.—expansion made possible by our growth in the millimeter-wave technology at the heart of Ultra Wideband."
"In the fall, we announced millimeter-wave network deals with two of our leading network partners, Corning and Samsung, delivering 5G radio nodes for retail and other venue deployments."
"More recently, we’ve entered into an agreement with Crown Castle to lease 15,000 small cells to support both millimeter-wave Ultra Wideband and 5G Nationwide."
"In 2020, Verizon became the first company in the world to launch MEC, in partnership with Amazon Web Services. We also launched private MEC with Azure, teaming with Microsoft. In addition, we announced 5G and MEC co-innovation collaborations with IBM, SAP and Deloitte."
"We’re well-positioned and optimistic about the future. This momentum has continued into early 2021, as we continue to protect and enable our employees, serve our customers and drive progress. One very powerful example was the recent C-Band auction, the largest spectrum auction the telecom industry has ever seen. It was a once-in-a-lifetime opportunity to add a game-changing amount of high-quality spectrum to our portfolio —and I am thrilled with what we were able to accomplish. We succeeded in more than doubling our holdings in the vital mid-band spectrum, gaining licenses that will cover the entire contiguous 48 states."
Verizon Business Operations
Verizon Consumer Group
The Consumer segment provides consumer-focused wireless and wireline communications services and products. Wireless services are provided across one of the most extensive wireless networks in the United States (U.S.) under the Verizon brand and through wholesale and other arrangements. Wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over 100% fiber-optic network through Verizon Fios product portfolio and over a traditional copper-based network to customers who are not served by Fios.
In 2020, the Consumer segment’s revenues were $88.5 billion, representing approximately 69% of Verizon’s consolidated revenues. As of December 31, 2020, Consumer had approximately 94 million wireless retail connections, approximately
7 million broadband connections, which includes Fios and Digital Subscriber Line (DSL) internet connections, and approximately 4 million Fios video connections.
Verizon Business Group
The Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, corporate networking solutions, security and managed network services, local and long distance voice services and network access to deliver various Internet of Things (IoT) services and products. The company provides these products and services to businesses, government customers and wireless and wireline carriers across the U.S. and select products and services to customers around the world.
In 2020, the Business segment's revenues were $31.0 billion, representing approximately 24% of Verizon’s consolidated revenues. As of December 31, 2020, Business had approximately 27 million wireless retail postpaid connections and approximately 482 thousand broadband connections, which includes Fios
and DSL internet connections
Verizon Global Network & Technology
Verizon is focusing capital spending on adding capacity and density to 4G LTE network, while also building the next generation 5G network. Verizon is densifying the network by utilizing small cell technology, in-building solutions and distributed antenna systems. Network densification enables Verizon to add capacity to address increasing mobile video consumption and the growing demand for IoT products and services on the company's 4G LTE and 5G networks. Over the past several years, Verizon has been leading the development of 5G wireless technology industry standards and the ecosystems for fixed and mobile 5G wireless services.
The company is evolving the architecture of networks to a next-generation multi-use platform, providing improved efficiency and virtualization, increased automation and opportunities for edge computing services that will support both fiber-based and radio access network technologies. Verizon expects this new architecture will simplify operations by eliminating legacy network elements, speed the deployment of 5G wireless technology and create new opportunities in the business market in a cost efficient manner.
Over the past several years, the company has been leading the development of 5G wireless technology industry standards and the ecosystems for fixed
and mobile 5G wireless services. Verizon expects that 5G technology will provide higher throughput and lower latency than the current fourth-generation (4G) (LTE) technology and enable networks to handle more traffic as the number of internet-connected devices grows. As of December 31, 2020, the company has launched 5G Ultra Wideband Network in 61 U.S. markets.
Verizon also launched its 5G Nationwide Network in October 2020, which is available in over 2,700 cities across the U.S. covering approximately 230 million people. 5G Nationwide uses low and mid-band spectrum and dynamic spectrum sharing (DSS) technology, which allows 5G service to run simultaneously with 4G LTE on multiple spectrum bands. With DSS, whenever customers move outside Verizon’s high-band Ultra Wideband coverage area, their 5G-enabled devices will remain on 5G technology using the lower spectrum bands where the 5G Nationwide network is available.
Download the Verizon Deep-Dive Report to gain access to Verizon investor presentations and annual report highlights.
More on Verizon
- Verizon Contact Info
- Verizon Org Charts on Corporate Structure, Executive Leadership, Sales, Marketing, Finance, HR, Supply Chain, Technology, R&D, Manufacturing, etc.
- Verizon Financial Insights
- Verizon SWOT Report
- Verizon Technologies in Use
- Verizon IT Budgets
- Verizon Social Media Profiles
- Verizon Actionable Sales Trigger Events
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