Verizon Welcomes Caroline A. Litchfield to Its Board of Directors

Verizon Communications Inc. VZ, a prominent player in the global telecommunications landscape and a member of the Dow Jones Industrial Average, has made a significant addition to its corporate governance structure. On June 27, 2024, the company disclosed the election of Caroline A. Litchfield to its Board of Directors, a move set to take effect from October 1, 2024.

An Experienced Financial Leader Joins Verizon

With its headquarters nestled on Avenue of the Americas in the urban heart of Midtown Manhattan, and incorporated in the business-friendly state of Delaware, Verizon's decision to integrate Litchfield's expertise into its board underscores a strategic alignment towards robust financial leadership. Litchfield, who currently serves as the Executive Vice President and Chief Player Financial Officer of Merck & Co., Inc., brings a wealth of experience to the VZ board, promising to contribute significantly to the company’s ongoing success and strategic initiatives.

Roles and Expectations

Litchfield's role as part of Verizon’s board reflects a continued commitment by the company to strengthen its governance with experienced leaders. Her financial acumen and proven leadership are anticipated to be instrumental in steering Verizon through the complex terrain of marketplace challenges and opportunities that characterize the dynamic telecommunications sector.

Verizon, Telecommunications, Board