Mike Stefanski Named to Lead Investor Relations for Verizon Communications

  Mike Stefanski Named to Lead Investor Relations for Verizon Communications

PR Newswire

NEW YORK, Dec. 12, 2012

NEW YORK, Dec. 12, 2012 /PRNewswire/ --Mike Stefanski, who currently serves
as senior vice president and treasurer for Verizon Communications Inc. (NYSE,
Nasdaq: VZ), has been named senior vice president - Investor Relations,
effective Jan. 1, 2013.

Stefanski will be Verizon's primary liaison with the investment community and
Verizon's shareholders, and continue to report to Verizon Chief Financial
Officer Fran Shammo. The current head of Investor Relations, John Doherty, has
been named to lead Verizon's Strategic Mergers, Acquisitions and Divestitures
organization.

As corporate treasurer, Stefanski has been responsible for corporatewide
financing, cash management, pension and insurance activities, as well as for
Verizon Capital Group, which provides asset-based financing, tax-credit
investment activities and enterprise customer financing. A successor as
corporate treasurer will be named at a later date.

Stefanski brings more than two decades of experience in telecommunications and
finance to his new role in Investor Relations.

Before becoming treasurer last year, Stefanski served as chief financial
officer - Verizon Consumer and Mass Business and Global Wholesale, responsible
for financial planning, analysis and reporting, and strategic development
activities for the company's consumer and business groups.

Prior to that, Stefanski served as vice president and controller at Verizon
Wireless, where he was responsible for accounting, external financial
reporting and financial operations for the wireless business unit.

Since joining Verizon predecessor company Bell Atlantic in 1990, Stefanski has
held management positions of increasing responsibility, including internal
audit, financial operations, strategy and planning, and corporate finance.
Before joining Bell Atlantic, he worked at Ernst & Young as a certified public
accountant.

He holds a Bachelor of Science in accounting from The Pennsylvania State
University and a Master of Business Administration from Villanova University.
He is a member of the Junior Achievement of New Jersey State Board and the
board of trustees for the Quaker School of Horsham, Pa.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is
a global leader in delivering broadband and other wireless and wireline
communications services to consumer, business, government and wholesale
customers. Verizon Wireless operates America's most reliable wireless
network, with nearly 96 million retail customers nationwide. Verizon also
provides converged communications, information and entertainment services over
America's most advanced fiber-optic network, and delivers integrated business
solutions to customers in more than 150 countries, including all of the
Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon
employs a diverse workforce of 184,500. For more information, visit
www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
biographies, media contacts, high-quality video and images, and other
information are available at Verizon's News Center on the World Wide Web at
www.verizon.com/news. To receive news releases by email, visit the News
Center and register for customized automatic delivery of Verizon news
releases.

SOURCE Verizon Communications Inc.

Website: http://www.verizon.com
Contact: Bob Varettoni, +1-908-559-6388, robert.a.varettoni@verizon.com
 
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