Verizon finance chief Matt Ellis to depart in top management rejig

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Verizon Communications Inc finance chief Matt Ellis will leave the wireless carrier in May, it said on Friday in a slew of senior leadership changes.

Senior Vice President Tony Skiadas will replace Ellis, the company said while announcing new leaders to its key verticals.

Sowmyanarayan Sampath, who leads Verizon Business Group, will be executive vice president and chief executive of Verizon Consumer Group.Verizon's consumer and business divisions include wireless and wireline operations focused at retail customers and enterprises, respectively. Joe Russo, senior vice president and chief network officer, will replace Malady as president of Global Networks and Technology, which looks over 5G, 4G, Fiber and Edge computing services.

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