Verizon searching for new finance chief and potential CEO successor - WSJ

📆 6/12/2023 6:31 PM
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Verizon Communications is searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing people familiar with the matter.

Signage is seen at a Verizon store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kellyis searching for a new finance chief and looking for potential candidates to later succeed CEO Hans Vestberg, the Wall Street Journal reported on Monday citing people familiar with the matter.

The company had reshuffled its senior leadership roles in March and appointed Tony Skiadas to replace former Chief Financial Officer Matt Ellis while naming Sowmyanarayan Sampath as the CEO of Verizon Consumer Group.Currently Vestberg, who is also the telecom giant's chairman, is actively involved in the CFO search along with members of the board, with multiple candidates still under consideration, the report said.

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WSJ News Exclusive | Verizon Is Searching for Finance Chief and Potential Heir ApparentVerizon is narrowing its search for a new finance chief and focusing on outsiders who could later transition to become a candidate for the wireless company’s next chief executive, according to people familiar with the matter.
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