By Gina Narcisi
Four of the five most highly compensated Verizon executives have
undergone a job role or title change in the last few months. That’s
because the carrier giant has recently unveiled a slew of senior
leadership changes as Verizon continues to work to transform its
business.
Under the leadership of CEO Hans Vestberg, Verizon over the last five
years has been working hard to double down on its telecom roots and
grow the business in new areas of connectivity. Namely, it’s betting
big on 5G. The carrier in October also created a new global services organization aimed at streamlining shared services teams to free up
more capital for the carrier to invest in its core networking and
telecom services. It’s called the Verizon Global Services (VGS)
organization and it’s responsible for most shared services teams
within the company, including Real Estate, Sourcing, Supply Chain,
Fleet, Finance Operations, Global Technology Solutions, Reporting and
Insights, Learning and Development, Public Policy and Information
Security.
https://www.crn.com/news/networking/verizon-s-most-highly-compensated-executives-in-2022
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