/>
X
Home & Office

Verizon reshuffles units as operating chief retires

Verizon is reshuffling its units as chief operating officer ahead of the retirement of chief operating officer Dennis Strigl.Among the moving parts (statement):Verizon's two wireline businesses---Verizon Telecom and Verizon Business---will become one unit Verizon Wireline.
Written by Larry Dignan, Contributor on

Verizon is reshuffling its units as chief operating officer ahead of the retirement of chief operating officer Dennis Strigl.

Among the moving parts (statement):

  • Verizon's two wireline businesses---Verizon Telecom and Verizon Business---will become one unit Verizon Wireline. The aim will be to optimize performance. Both units are more mature businesses relative to Verizon Wireless.
  • Strigl will retire.
  • Verizon's two units---Wireline and Wireless---will report to CEO Ivan Seidenberg.
  • Lowell McAdam, CEO of Verizon Wireless, remains in his role, but he gets a new chief operating officer. Daniel Mead, president of Verizon Telecom, will become operating chief of Verizon Wireless. Mead replaces Jack Plating, who is retiring as chief operating officer of Verizon Wireless.
  • John Stratton, chief marketing officer for Verizon, is now chief marketing officer for Verizon Wireless and reports to McAdam.
  • Fran Shammo, vice president of Verizon Business, is now president of Verizon Wireline.
  • Richard Lynch, Verizon CTO, and Shaygan Kheradpir, Verizon chief information officer, now report to Seidenberg.

Editorial standards

Related

The 21 best Black Friday deals under $30
Amazon Fire TV Stick 4K

The 21 best Black Friday deals under $30

The 62 best Black Friday deals you can shop at Costco right now
LG 65" Class - QNED80 Series

The 62 best Black Friday deals you can shop at Costco right now

The 52 best Black Friday deals on Amazon that are still available
Image of Amazon Echo Show 8 on a wooden table in front of a person cooking and folding pastry dough.

The 52 best Black Friday deals on Amazon that are still available