|Verizon Communications Inc -- USA Stock|| |
USD 48.56 0.27 0.56%
Executive VP and President of Strategic Initiatives
Mr. Daniel S. Mead is no longer Executive Vice President President Strategic Initiatives of Verizon Communications Inc. effective July 1 2016. He serves as Executive Vice President of Verizon Communications Inc. and President and Chief Executive Officer Verizon Wireless Joint Venture of Verizon Communications Inc. He was president of Verizon Telecom an organization that delivered telephone Internet and entertainment services including FiOS to millions of residential and small business customers across 25 states and the District of Columbia. From 2005 to 2007 Mead was president of Verizon Services Operations responsible for managing finance operations real estate and supply chain services for all Verizon companies. Mead was one of the founding senior executives of Verizon Wireless in 2000 and served as president of the companys Midwest area a 15state region that stretched from Pennsylvania to the Dakotas and from Minnesota to Kentucky. He has also held leadership roles in various telecommunications functions with Verizon and its predecessor companies. Mead earned a masters degree in business administration and a bachelors degree in quantitative business analysis and finance from The Pennsylvania State University.
Daniel Mead Latest Insider Activity
The company has Return on Asset (ROA)
of 7.51 %
which means that for every $100 of asset it generated profit of $7.51. This is typical in the industry. Likewise, it shows return on total equity (ROE)
of 88.91 %
which means that it produced $88.91 on every 100 dollars invested by current stockholders.
The company reports 117.51 B of total liabilities with total debt to equity ratio (D/E) of 262.9 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Verizon Communications Inc has Current Ratio of 0.88 implying that it has not enough working capital to pay out debt commitments in time.
Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications Inc. was founded in 1983 and is headquartered in New York City, New York. Verizon Communications operates under Telecom Services - Domestic classification in USA and traded on New York Stock Exchange exchange. It employs 155400 people.Verizon Communications Inc (VZ) is traded on New York Stock Exchange in USA. It is located in NEW YORK, U.S.A and employs 155,400 people. Verizon Communications is listed under Communication category by Fama And French industry classification.