Verizon has elevated Sowmyanarayan Sampath as the Executive Vice President and CEO of Verizon Business, effective July 1.
Sampath 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 Hans Vestberg, Verizon Chairman and CEO, according to an official statement from the New York-based wireless carrier.
Sampath joined Verizon in 2014 and currently serves as Chief Revenue Officer for Verizon Business.
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 5G product portfolio.
Sampath then operated as Chief Financial Officer at Verizon Media Group, before becoming President of Global Enterprise, where he spearheaded the commercial launch of Verizon’s 5G networks and multi-access edge computing (MEC) solutions.
“The time is now to disrupt the industry and stay laser-focused on transformational outcomes for our customers and how Verizon serves their needs,” Sampath commented.