Verizon Communications appointed former president and chief operating officer of Verizon Wireless Lowell McAdam as president and chief executive officer, effective 1 August. Ivan G Seidenberg will step down as CEO but remain chairman to continue to facilitate the transition. McAdam will have responsibility for the operations of Verizon, including all business units and staff functions. In his current role, McAdam is responsible for all business operations at Verizon, including the direction of the company's products and technologies. He has served on the board of Verizon since March and on the board of Verizon Wireless since 2003, chairing the Verizon Wireless board since September 2010. As president and chief operating officer of Verizon Wireless, McAdam led the mobile provider with the mobile voice and 3G broadband data network. Prior to assuming this position in 2007, McAdam served as executive vice president and chief operating officer of Verizon Wireless. Previously, McAdam was president and chief operating officer of PrimeCo Personal Communications, a joint venture owned by Bell Atlantic and Vodafone AirTouch. He also served as PrimeCo's chief operating officer, responsible for overseeing the building, deployment and launch of the company's customer service operations and all-digital network. McAdam has served as vice president of international operations for AirTouch Communications and was lead technical partner for mobile ventures in Spain, Portugal, Sweden, Italy, Korea and Japan. McAdam joined AirTouch as executive director of international applications and operations in 1993. Prior to that, he held various executive positions with Pacific Bell.
