Chairman, CEO and Chairman of The Verizon Wireless
Mr. Lowell C. McAdam is NonExecutive Chairman of the Board of Verizon Communications Inc, effective January 1, 2019. He is no longer Chief Executive Officer of the Company, effective August 1, 2018. He is Chairman and Chief Executive Officer of Verizon Communications Inc. Prior to becoming CEO, Mr. McAdam served in numerous positions of responsibility, including President and Chief Operating Officer of Verizon Communications Inc., President and CEO of Verizon Wireless, and Executive Vice President and Chief Operating Officer of Verizon Wireless. Before Verizon Wireless was formed, Mr. McAdam held executive positions with PrimeCo Personal Communications, AirTouch Communications and Pacific Bell. Mr. McAdam spent six years in the U.S. Navy Civil Engineer Corporationration and became a licensed professional engineer in 1979. In the past five years, Mr. McAdam has served as a director of General Electric Company.
Age: 62 Chairman Since 2012
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Management EfficiencyThe 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 81.84 % which means that it produced $81.84 on every 100 dollars invested by current stockholders.
Entity SummaryVerizon 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, New York. Verizon Communications operates under Telecom Services classification in USA and traded on New York Stock Exchange. It employs 154700 people.Verizon Communications (VZ) is traded on New York Stock Exchange in USA. It is located in NEW YORK, U.S.A and employs 154,700 people. Verizon Communications is listed under Communication category by Fama And French industry classification.
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