NEW YORK, June 22, 2015 /PRNewswire/ -- Fran Shammo,
chief financial officer, Verizon Communications, today announced
that Scott Krohn will join Verizon
on July 6 as Treasurer, succeeding
Matt Ellis, who was previously
appointed to lead Finance in Verizon's Operations organization.
Before joining Verizon, Krohn was vice president - Tax and
Treasurer at 3M Company, where for the last three years his areas
of focus included capital structure strategy and execution, pension
asset management, financial risk management, and more recently tax
planning and governance. Prior to this, Krohn worked for almost 15
years at Ford Motor Company, where he held a number of finance
leadership positions in the U.S. and overseas, with his most recent
roles there focusing on financial strategy and debt capital
markets.
"Scott's extensive knowledge and experience with financial
models and markets are tremendous assets for the company," said
Shammo. "I am certain he will build upon our strong financial
performance to deliver value to shareholders."
Krohn will report to Shammo and be located in Basking Ridge, N.J.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York, is a global leader in
delivering broadband and other wireless and wireline communications
services to consumer, business, government and wholesale customers.
Verizon Wireless operates America's most reliable wireless network,
with 108.6 million retail connections nationwide. Verizon also
provides converged communications, information and entertainment
services over America's most advanced fiber-optic network, and
delivers integrated business solutions to customers worldwide. A
Dow 30 company with more than $127
billion in 2014 revenues, Verizon employs a diverse
workforce of 176,200. For more information, visit
www.verizon.com/news/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive
speeches and biographies, media contacts and other information are
available at Verizon's online News Center at
www.verizon.com/news/. The news releases are
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SOURCE Verizon Communications Inc.