Indian American Sowmyanarayan Sampath Appointed Executive VP and CEO of Verizon Business
- He joined Verizon in 2014 and currently serves as Chief Revenue Officer for the company.
Indian American Sowmyanarayan Sampath has been appointed executive vice president and CEO of Verizon Business, effective July 1. He will succeed Tami Erwin, who will assume the role of strategic advisor to the CEO until the end of 2022. Sampath will report directly to Verizon chairman and CEO Hans Vestberg, according to a company press release.
Sampath joined Verizon in 2014 and currently serves as Chief Revenue Officer for Verizon Business. “He has been a decisive driving force behind the organization’s commercial success, its culture of shared success and relentless focus on customer needs,” the press release said.
“I come to this role from a very diverse background, a mindset to constantly learn and a mission to lead with kindness and integrity during this critical moment of radical digitization for our customers,” the press release quoted Sampath as saying. “The Verizon Business team is absolutely the best in the business and I am committed to ensuring we continue to build on the momentum and success we have shared together thus far. The time is now to disrupt the industry and stay laser focused on transformational outcomes for our customers and how Verizon serves their needs.”
Over the years, Sampath has served in several strategic roles at Verizon. He joined as SVP of Business Transformation, transforming the operating model of Verizon and creating two of the company’s largest core initiatives – Network Transformation and OneFiber. As Chief Product Officer for the Consumer and Enterprise businesses, he led joint initiatives across networks, IoT, next-generation video, and developing the 5G product portfolio. Sampath then operated as Chief Financial Officer at Verizon Media Group, focused on Strategy and Transformation, before becoming President of Global Enterprise, where he spearheaded the commercial launch of Verizon’s 5G networks and multi-access edge computing (MEC) solutions.
Before Verizon, he served for nine years as a partner and managing director at The Boston Consulting Group, overseeing relationship management, revenue generation and intellectual leadership.