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VERIZON COMMUNICATIONS

(VZ)
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Verizon Communications : Manon Brouillette named Chief Operating Officer and Deputy CEO at Verizon Consumer Group

06/03/2021 | 09:00am EDT

NEW YORK, June 03, 2021 (GLOBE NEWSWIRE) -- As part of its ongoing focus to drive growth through exceptional customer experiences, today Verizon announced the appointment of Manon Brouillette to the newly created role of Verizon Consumer Group’s (VCG) Chief Operating Officer and Deputy CEO. She will drive Verizon’s market leadership in connected 5G experiences, while continuing to transform VCG into a fully integrated technology company. Brouillette will also champion greater employee engagement and spearhead transformation initiatives across VCG’s brands. She will report to Verizon Executive Vice President and VCG CEO Ronan Dunne.

Brouillette brings a wealth of experience in the telecommunications and technology sectors. Most recently, she was the President and CEO of Vidéotron, a Canadian telecommunications company that provides home broadband, pay television, telephony services and wireless communications. Under her leadership, Vidéotron became Canada's fastest-growing carrier since the wireless services launched in 2010. Manon has been named among Canada’s 100 Most Powerful Women and has been recognized many times for her strategic and leadership abilities.

“Manon brings tremendous value to our V Team. She has built and scaled brands, moving companies into new markets with rapid yet sustainable growth. Additionally, she has the tenacity of an entrepreneur honed from her extensive board membership at experience-driven startups like Sonder, Lightspeed POS (NYSE:LSPD, TSX:LSPD.TO) and BFAI. Her new role at Verizon Consumer Group is designed to help us maintain our operational excellence as we support our customers in a 4G world while accelerating towards a high-growth 5G future,” said Dunne.

As part of the Board of Directors for Altice, one of the largest broadband communications and video services providers in the U.S., Brouillette contributed to its accelerated growth across broadband, pay television, telephony services and proprietary content.

“Our investment in C-band spectrum and the pending Tracfone acquisition are critical enablers to continue expanding our consumer business on a national scale through opportunities like 5G mobility and fixed wireless access. Our customers are looking to us to build the future and unlock a more connected world. Our new organizational structure will fuel our relentless focus on growth and serving our customers,” Dunne added.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

Media contact:
Adria Tomaszewski
adria.tomaszewski@verizon.com 

Marie G. McGehee
marie.mcgehee@verizon.com 


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Source: Verizon Sourcing LLC

2021 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2021 135 B - -
Net income 2021 21 876 M - -
Net Debt 2021 145 B - -
P/E ratio 2021 10,7x
Yield 2021 4,51%
Capitalization 233 B 233 B -
EV / Sales 2021 2,79x
EV / Sales 2022 2,73x
Nbr of Employees 129 300
Free-Float 96,5%
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Number of Analysts 30
Last Close Price 56,20 $
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Managers and Directors
Hans Erik Vestberg Chairman & Chief Executive Officer
Matthew D. Ellis Chief Financial Officer & Executive Vice President
Kyle J. Malady Chief Technology Officer & Executive VP
Shankar Arumugavelu Global Chief Information Officer
Craig Silliman Chief Administrative & Legal Officer, Executive VP
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