Sowmyanarayan Sampath named Chief Executive Officer, Verizon Business
June 06 2022 - 12:30PM
Today, Verizon (NYSE, Nasdaq: VZ) announced the appointment of
Sowmyanarayan Sampath to Executive Vice President and CEO of
Verizon Business, effective July 1, 2022. He will succeed Tami
Erwin, who will assume the role of Strategic Advisor to the CEO
until the end of 2022. Sampath will report directly to Hans
Vestberg, Verizon Chairman and CEO.
“Sampath brings more than two decades of experience in digital
transformation and critical network infrastructure on behalf of
business customers to his new role at Verizon, plus extensive
knowledge of products and their role in powering enterprise growth
and global security,” said Vestberg. “I am proud of the Verizon
Business team’s drive and continued growth as part of our
customer-facing transformation model. Given Sampath’s distinguished
Verizon tenure, this will be a seamless transition and I expect him
to continue the business momentum.”
Sampath joined Verizon in 2014 and currently serves as Chief
Revenue Officer for Verizon Business. He has been a decisive
driving force behind the organizations’ commercial success, its
culture of shared success and relentless focus on customer
needs.
Over the years, Sampath has served in several strategic roles at
Verizon. He joined as SVP of Business Transformation, transforming
the operating model of Verizon and creating two of the company’s
largest core initiatives – Network Transformation and OneFiber. As
Chief Product Officer for the Consumer and Enterprise businesses,
he led joint initiatives across networks, IoT, next-generation
video, and developing the 5G product portfolio. Sampath then
operated as Chief Financial Officer at Verizon Media Group, focused
on Strategy and Transformation, before becoming President of Global
Enterprise, where he spearheaded the commercial launch of Verizon’s
5G networks and multi-access edge computing (MEC) solutions.
“I come to this role from a very diverse background, a mindset
to constantly learn and a mission to lead with kindness and
integrity during this critical moment of radical digitization for
our customers, '' said Sampath. “The Verizon Business team is
absolutely the best in the business and I am committed to ensuring
we continue to build on the momentum and success we have shared
together thus far. The time is now to disrupt the industry and stay
laser focused on transformational outcomes for our customers and
how Verizon serves their needs.”
Sampath succeeds Tami Erwin, who has served as Verizon Business
CEO since 2019. During her tenure, Erwin positioned Verizon
Business as the partner of choice for customers’ digital
transformation efforts. Prior to her current position, she played a
crucial role in the evolution and growth of Verizon’s wireline and
wireless business segments. She was previously the head of
operations for Verizon Wireless, and led Verizon Fios, the nation’s
largest residential and commercial fiber network. Earlier in her
career, she was Chief Marketing Officer of Verizon Wireless and led
the business’ west region, taking it from fourth place to first
place.
Vestberg added: “In her 35 years with Verizon and its
predecessor companies, Tami has been a trailblazer who has led
mission critical initiatives across all areas of our company, from
wireless, to wireline, to enterprise. She has always demonstrated a
customer-first approach, created blueprints for success and
delivered exceptional results. The breadth of her career, impact of
her leadership and the legacy she’s leaving behind should be an
inspiration to us all.”
Media contact:
Ben Trounsonben.trounson@verizon.com
Lauren Schulzlauren.schulz@verizon.com
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