![]() The addition of Vittorio Colao brings Verizon's total board membership to 12, eleven of whom are independent, effective November 4, 2022. OAN was not able to reach agreement with Verizon, which will stop showing OAN on its Fios TV service as of July 31, as the Daily Beast first reported. With his deep understanding of the wireless industry, successful tenure as CEO, and government experience, he will strengthen the expertise of the Board and be a tremendous asset to Verizon. He built and transformed Vodafone through organic growth, acquisitions and sales into one of the world's largest communications companies with mobile operations in 24 countries and partnerships in over 40 more countries. He is an outstanding leader who brings to Verizon a wealth of telecommunications expertise. Verizon is expected to post earnings of 1. Trending Now hiring: Verizon to fill almost 1,000 positions for work-from-home jobs By Natalie Dreier, Cox Media Group National Content Desk Septemat 9:54 am EDT NOW PLAYING. Hans Vestberg, Verizon Chairman and Chief Executive Officer said, "We are thrilled to have Vittorio rejoin our Board as we execute our 5G strategy. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The Board has appointed him to the Corporate Governance and Policy Committee and the Finance Committee. Verizon, whose plans are the most expensive, added 8,000 net new monthly bill paying wireless phone subscribers in the quarter, well below Factset estimates of 35,400 additions. He has unique insight into Verizon's wireless business as a result of his five-year tenure on the Verizon Wireless Board of Representatives when Verizon Wireless was a joint venture between Verizon and Vodafone. Verizon (VZ) has received quite a bit of attention from users lately. Colao served on Verizon's Board of Directors from 2019 to February 2021, prior to his appointment as Minister in the Italian Cabinet. (VZ) Is a Trending Stock: Facts to Know Before Betting on It.
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