United Parcel Service CEO Carol B. Tomé Joins Verizon’s Board Of Directors

Published Aug 13, 2021
Market News
Technology & Beyond
Verizon

By John F. Heerdink, Jr.

Reportedly, Verizon Communications, Inc. (VZ) announced the appointment of Carol B. Tomé to the Board of Directors, effective September 1, 2021. The addition of Ms. Tomé will bring Verizon’s total board membership to 11, ten of whom are independent, effective September 1, 2021.

Ms. Tomé is the CEO of United Parcel Service, Inc. (UPS), where she has served as a director of UPS since 2003, and became CEO in June 2020, heading UPS through an unprecedented surge in demand for services. Ms. Tomé served on Verizon’s Board of Directors in 2020, prior to her appointment as CEO of UPS.

Hans Vestberg, Verizon Chairman and Chief Executive Officer stated, “We are excited to have Carol rejoin our Board as we continue to grow our 5G business and implement our network strategy. Carol is a highly accomplished leader who brings to Verizon significant financial and strategic planning expertise acquired at UPS and during her 24 year career at The Home Depot, Inc. as she helped it transform into one of the world’s largest retailers. She has a proven track record in growing and innovating at both consumer and B2B businesses with large geographic footprints and employee bases. She has also lead the adoption by UPS of a forward-looking ESG strategy announced in June 2021.”

Ms. Tomé holds a B.S. in Communication from the University of Wyoming and an MBA in Finance from the University of Denver.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.

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