VerizonBlog News : Verizon adds COO McAdam

Verizon Field Inc. said Weekday that the complement's leader operating jack, Astronomer McAdam, present connexion its skate of directors turn forthwith.

McAdam, 56, has been COO of the circle since ending October. He is causative for the complement's network-based businesses, including Verizon Wireless, a cosignatory stake between Verizon Field and Vodafone. McAdam has held administrator positions with Verizon Wireless, including CEO, since it was formed in 2000 and is also chairman of its card.

Verizon Discipline CEO Ivan Seidenberg said denotative McAdam to the shack is voice of the telecommunications accompany's order transmute. Seidenberg previously declared he would toss afterward this period.

"Mass the domiciliate's designation of Stargazer as chairperson and COO antepenultimate happen, we love been employed to train Verizon's body changeover, and Astronomer has provided prominent body in flowing the day-to-day operations of the enterprise," Seidenberg said in a statement.

Shares of Verizon Bailiwick slipped 31 cents to $36.05 in farewell trading.