Verizon Wireless CEO McAdam move up to parent firm

New Verizon Communications president now in line for top job when Seidenberg retires

Lowell McAdam, 56, has been named president and chief operating officer Verizon Communications effective on 11 October.

McAdam, currently CEO of Verizon Comunications' Verizon Wireless unit, will report to Chairman and CEO Ivan Seidenberg, according to a statement issued by the company.

The company added that the appointment of McAdam will allow the two to work together to prepare for McAdam's transition to CEO once Seidenberg retires. No timetable for the transition was announced.

"Lowell is undeniably the right executive at the right time, given his track record of growth while managing one of the most dynamic and successful businesses in America," Seidenberg said in a statement.

Verizon Wireless is the largest U.S. wireless carrier, with more than 92 million subscribers, according to the company's most recent quarterly results.

Overall, the parent company reported $26.8 billion in revenues for its second quarter, which includes wireless and wired businesses such as FiOS TV and Internet as well as enterprise services.

Seidenberg, 63, has headed the company since it was formed in 2000.

Join the Good Gear Guide newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags IT industrytelecommunicationMobile and WirelessCIO roleIT LeadershiptwittermobileIT managementVerizon Wireless

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Matt Hamblen

Computerworld (US)
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?