New York, N.Y., USA - September 20, 2010, New York, N.Y., USA - Verizon announced that Verizon Wireless President and CEO Lowell C. McAdam has been named president and chief operating officer of Verizon Communications, effective October 1.
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Mr. McAdam served as executive vice president and chief operating officer since the company’s inception in 2000. Previously, he was president and CEO of PrimeCo Personal Communications, a joint venture owned by Bell Atlantic and Vodafone AirTouch.
Mr. McAdam also served as PrimeCo's chief operating officer, responsible for overseeing the build, deployment and successful launch of the new company's customer service operations and all-digital network.
Mr. McAdam has served as vice president-international operations for AirTouch Communications and was lead technical partner for cellular ventures in Spain, Portugal, Sweden, Italy, Korea and Japan. He joined AirTouch as executive director of international applications and operations in 1993.
From 1983 to 1993, Mr. McAdam held various executive positions with Pacific Bell, including area vice president of Bay Area marketing and general manager of South Bay customer services.
Mr. McAdam earned a bachelor's degree in engineering from Cornell University and a master's degree in business administration from the University of San Diego. He also spent six years in the U.S. Navy's Engineer Corps and is a licensed professional engineer.
The company also named Francis J. Shammo, currently president of Verizon Telecom and Business, to become executive vice president and chief financial officer of the company, effective November 1.
Previously, Mr. Shammo was president of Verizon Business and prior to that appointment, he served as senior vice president and chief financial officer for Verizon Business.
Mr. Shammo has served as president - west area for Verizon Wireless, responsible for the company's operations in the 13 states west of Colorado. He was vice president and controller at the time of Verizon Wireless' launch.
Mr. Shammo joined Bell Atlantic Mobile in 1989 as general manager for accounting operations, and later held a series of positions of increasing responsibility in finance, mergers and acquisitions, logistics, facilities, regional operations, and planning. He acquired public accounting, retail and tax experience before entering the wireless industry.
Mr. Shammoo sits on the Board of Micrus Endovascular Corporation and is chairman of its audit committee.
He holds a bachelor’s degree in accounting from Philadelphia University, a master's degree in business administration from La Salle University, and is a Certified Public Accountant.
Verizon also announced that Daniel S. Mead, currently executive vice president and chief operating officer at Verizon Wireless, will become president and chief executive officer of Verizon Wireless.
Mr. Mead was one of the founding senior executives of Verizon Wireless (VZW) in July 2000 and helped to build it in
to the industry’s leading wireless company.
From March 2001 to October 2005, he was president of VZW’s Midwest Area, a 15-state region that stretches from Pennsylvania to the Dakotas and from Minnesota to Kentucky.
Mr. Mead has held leadership roles in various telecommunications functions with Verizon and its predecessor companies. ■