P&G Veteran on Verizon Board

Verizon named Melanie Healey, 50, to its Board. Currently, Healey serves at Procter & Gamble as Group President of North America and Global Hyper, Super, Mass Channel. She also serves on the boards of P&G, Verizon, and Bacardi. Since joining P&G in 1990, she has held senior roles in the Feminine, Healthcare, and Adult Care divisions. Healey was named one of Forbes’ Top 50 Most Powerful Women Leaders and one of Wall Street Journal’s Top 50 Women to Watch.

CEO Assumes Chairman Role at Verizon; New Board Member Elected

Verizon has confirmed that CEO Lowell McAdam, 56, has replaced Ivan Seidenberg, 65, as Chairman of the Board. Before becoming CEO, McAdam held the titles of COO of Verizon and EVP, COO, and CEO of Verizon Wireless. Prior to joining Verizon, he was the CEO of Primeco, a wireless joint venture between AirTouch and Bell Atlantic.