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General

Former O2 UK CEO to take senior post at Verizon - report

Monday 1 August 2016 | 14:50 CET | News
Ronan Dunne, former CEO of O2 UK, is set to take a senior post with US telecoms company Verizon, reports The Times citing unnamed City sources. The move could be announced in the next few weeks and is likely to come with a steep pay increase for Dunne. Lowell McAdam, Verizon's executive chairman, earned USD 18.3 million in 2015, and outgoing Verizon Wireless head Daniel Mead earned USD 8.3 million. Telefonica has promoted O2 UK Chief Financial Officer (CFO) Mark Evans to replace Dunne as CEO.

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Categories: General
Companies: O2 / O2 UK / Telefonica / Verizon / Verizon Wireless
Countries: United States
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