On Monday, Verizon (NYSE, NASDAQ: VZ) announced the appointment of Sowmyanarayan Sampath to Executive Vice President and CEO of Verizon Business, effective July 1, 2022. He will succeed Tami Erwin, who will assume the role of Strategic Advisor to the CEO until the end of 2022. Sampath will report directly to Hans Vestberg, Verizon Chairman and CEO.
“Sampath brings more than two decades of experience in digital transformation and critical network infrastructure on behalf of business customers to his new role at Verizon, plus extensive knowledge of products and their role in powering enterprise growth and global security,” said Vestberg. “I am proud of the Verizon Business team’s drive and continued growth as part of our customer-facing transformation model. Given Sampath’s distinguished Verizon tenure, this will be a seamless transition and I expect him to continue the business momentum.”
Sampath joined Verizon in 2014 and currently serves as Chief Revenue Officer for Verizon Business. He joined as SVP of Business Transformation, transforming the operating model of Verizon and creating two of the company’s largest core initiatives – Network Transformation and OneFiber. As Chief Product Officer for the Consumer and Enterprise businesses, he led joint initiatives across networks, IoT, next-generation video, and developing the 5G product portfolio. Sampath then operated as Chief Financial Officer at Verizon Media Group, focused on Strategy and Transformation, before becoming President of Global Enterprise, where he spearheaded the commercial launch of Verizon’s 5G networks and multi-access edge computing solutions.
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