Verizon Executives
Daniel S. Mead
President
Verizon Services Corp.
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Dan Mead is president of Verizon Services Corp., a business group that manages finance operations, real estate and supply chain services for all Verizon companies. Mead also is responsible for Verizon’s 24% ownership of Vodafone Italia, a Vodafone-Verizon wireless joint venture in Italy, and sits on the Vodafone Italia Board of Directors.
He was appointed to lead Verizon Services in October 2005, when the unit was created. Under his leadership, the unit has generated more than $1 billion in synergy savings in its first two years of operations. In April 2007, Verizon Services was awarded the prestigious honor of “Best New Shared Services Organization” by the Shared Services & Outsourcing Network. Based on the unit’s performance, Mead received the Verizon Chairman’s Award in 2008.
Mead and the Verizon Services leadership team are aggressively transforming legacy operations to achieve synergies and drive service quality improvements that are enabling Verizon to compete more effectively and deliver greater shareholder value. The unit’s scope of responsibilities includes:
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finance operations that process $160 billion annually in various transactions,
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155 million square feet of real estate, and
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$35 billion in procurement as well as fleet, warehousing and transportation operations.
As a direct report to Verizon President and Chief Operating Officer Dennis Strigl and a member of the Verizon Leadership Council, Mead has a lead strategy role with an emphasis on transforming Verizon’s operating structure. He also co-chairs Verizon’s Corporate Responsibility and Workplace Culture Council, through which Mead is leading a variety of “green” initiatives that aim to reduce Verizon’s impact on the environment.
Mead was one of the founding senior executives responsible for launching Verizon Wireless (VZW) in July 2000 and helped to build it into the industry’s leading wireless company. In early 2000, he was responsible for integrating the customer care teams and cultures of Bell Atlantic, GTE, Airtouch and PrimeCo, comprising 14,000 employees, at a critical time when they were becoming Verizon Wireless.
From March 2001 to October 2005, Mead was president of VZW’s Midwest Area, a 15-state region with a population of 61 million that stretches from Pennsylvania to the Dakotas and from Minnesota to Kentucky. He managed all wireless operations that included 12 million customers, 10,000 employees and 460 retail locations. During his tenure, the unit exceeded $7 billion in revenue and delivered 17% year-over-year profit improvement annually. Mead has held leadership roles in various telecommunications functions during his 29 years with Verizon and its predecessor companies.
Mead earned his master’s degree in business administration and bachelor’s degree in quantitative business analysis and finance from The Pennsylvania State University. PSU appointed Mead as a member of The Behrend Council of Fellows in Oct. 2006 and he was named an Alumni Fellow in 2008.
August 2008
