Verizon COO, president to step down at year’s end
Verizon Communications announced yesterday that president and COO Dennis Strigl will retire at the end of the year.
Strigl spent 41 years in the communications industry and was a key architect of the wireless industry and of Verizon Wireless, where he served as president and CEO before taking his current role at Verizon in 2007.
As second in command behind chairman and CEO Ivan Seidenberg, Strigl is responsible for the following network-based businesses: Verizon Wireless, Verizon Telecom, Verizon Business and Verizon Service Operations.
Seidenberg called Strigl's contributions to Verizon and the communications industry "legendary."
Verizon hasn’t said who will replace Strigl.
"Verizon has become a world leader in communications innovation and operational excellence,” Strigl said. “I believe that we have the ability and the will to grow and take share from our competition, even in uncertain times. Because we have the right leadership team in place to continue our success in the marketplace, I believe that this is an appropriate time to announce my retirement."
Strigl began his career in the communications industry in 1968 with New York Telephone and held positions at AT&T and Wisconsin Telephone before becoming vice president of American Bell Inc. In 1984, he became president of Ameritech Mobile Communications, where he was instrumental in launching the nation's first cellular network in Chicago.
He joined Bell Atlantic in 1989 and became president and CEO of Bell Atlantic Mobile in 1991. He subsequently was named president and CEO of the combined Bell Atlantic Mobile and Nynex Mobile when the companies merged in 1995. Strigl was past chairman of the board of directors of the Cellular Telecommunications & Internet Association (CTIA).
Strigl serves on the boards of Verizon Wireless, Eastman Kodak Company, PNC Financial Services Group and PNC Bank.
Earlier this year, Verizon announced that John Killian was named the new chief financial officer .
– Wireless Week’s Monica Alleven contributed to this report
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