Verizon Business has appointed Sowmyanarayan Sampath as executive vice-president and CEO, effective 1st July
Reporting directly to Verizon chairman and CEO Hans Vestberg, Sampath will succeed Tami Erwin, who will assume the role of strategic advisor to the CEO until the end of 2022.
Sampath has been serving in leadership roles at Verizon for the past eight years, most recently holding the role of Verizon Business‘s chief revenue officer, charged with accelerating growth and disrupting the future of the enterprise.
Before this, Sampath held the positions of chief product officer, chief financial officer and then president, global enterprise at Verizon, in that order between 2017 and 2021.
Prior to Verizon, he served for nine years as partner and managing director at The Boston Consulting Group (BCG), overseeing relationship management, revenue generation and intellectual leadership.
“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 new Verizon Business CEO, 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.”
Verizon chairman and CEO, Vestberg, commented: “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.
“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.”
The top chief executive and CEO appointments in tech — Here is a list of the top chief executive and chief executive officer (CEO) appointments announced throughout tech.
Verizon media business sale to Apollo “a win for Verizon and Hans Vestberg”, says Gartner analyst — Gartner vice-president, analyst Ted Chamberlin spoke to Information Age about how the sale of Verizon’s media businesses to Apollo Global will prove to be a benefit for the corporation going forward.