Verizon Communications Inc. (NYSE, Nasdaq: VZ) last week announced the election of Laxman Narasimhan, to the Verizon Board of Directors, effective July 1, 2021. Narasimhan is Chief Executive Officer of Reckitt Benckiser Group, a British multinational consumer health, hygiene and nutrition company. The addition of Narasimhan will bring Verizon’s total board membership to ten, nine of whom are independent, effective July 1, 2021.
“Laxman’s expertise in consumer services, global operations and strategic development will have an immediate impact on our board and the evolution of our business,” said Hans Vestberg, Verizon Chairman and Chief Executive Officer.
Previously, Narasimhan served as PepsiCo’s Group Chief Commercial Officer until July 2019, and prior to that, beginning in 2012, served as Chief Executive Officer – Latin America and Europe and Chief Financial Officer of PepsiCo Americas Foods. Prior to joining PepsiCo in 2012, Narasimhan spent 19 years at McKinsey & Company, where he focused on its consumer, retail and technology practices in the U.S., Asia and India.
He is a trustee of the Brookings Institution, a member of the Council on Foreign Relations and a member of the U.K. Prime Minister’s Build Back Better Council. He holds a degree in Mechanical Engineering from the College of Engineering, University of Pune, India. He has an MA in German and International Studies from the University of Pennsylvania and an MBA from The Wharton School of The University of Pennsylvania.
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