Manon Brouillette named Chief Executive Officer, Verizon Consumer Group

Rhea-AI Summary

Verizon has appointed Manon Brouillette as the new Executive Vice President and CEO of the Verizon Consumer Group, effective January 1, 2022. She will succeed Ronan Dunne, who will transition to a strategic advisory role. Brouillette, formerly the President and CEO of Vidéotron, brings extensive experience in consumer initiatives and leadership. Her role will include overseeing customer-first strategies and expanding Verizon's consumer operations, particularly in the context of a growing 5G market. Verizon generated $128.3 billion in revenue in 2020.

Positive

• Appointment of Manon Brouillette as CEO is expected to strengthen leadership in the Consumer Group.
• Brouillette has a successful track record at Vidéotron, indicating potential for robust growth.
• Focus on a customer-first strategy in a high-growth 5G environment aligns with market trends.

Negative

• None.

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Today Verizon Communications (NYSE, Nasdaq: VZ) announced the appointment of Manon Brouillette to Executive Vice President and CEO of Verizon Consumer Group effective January 1, 2022. She will succeed Ronan Dunne, who will take on the role of Strategic Advisor. Manon will report directly to Hans Vestberg, Verizon Chairman and CEO.

“Manon brings a wealth of global expertise in consumer initiatives to Verizon, having scaled major brands with sustainable growth and exceptional customer-first experiences,” Vestberg said. “Leveraging our investment in C-band and the pending Tracfone acquisition, Manon will continue to scale our Consumer business across home and mobile. We look forward to her transformative leadership as Verizon, poised for a high-growth 5G future, continues to disrupt the industry.”

Before joining Verizon as COO and Deputy CEO in July 2021, Manon was the President and CEO of Vidéotron, a Canadian telecommunications company that provides home broadband, pay television, telephony services and wireless communications. Under her leadership, Vidéotron evolved into Canada's fastest-growing carrier and was rated the most-admired telecom for more than ten years in a row. Manon has been named among Canada’s 100 Most Powerful Women and has been recognized many times for her strategic and leadership abilities. While Brouillette was on the Board of Directors for Altice, one of the largest broadband communications and video services providers in the U.S., Altice accelerated its growth across broadband, pay television, telephony services and proprietary content.

“In the two plus decades that I have spent as a leader in this industry, there has never been a more transformative time. While we have long dreamed of the power and promise of a 5G-connected world, that vision is fast becoming our reality,” said Brouillette. “I am grateful for the opportunity to lead Verizon’s consumer business and capitalize on this next stage of growth as we reimagine the possibilities for supporting and serving our customers.”

Manon will be responsible for all aspects of Verizon Consumer Group’s customer-first strategy, execution and growth, including consumer marketing, products and services, retail and customer service operations as well as digital excellence.

“Ronan made an incredible mark on our company,” said Vestberg. “He led teams to new heights in customer centricity and value, spearheading strategic acquisitions as well as entirely new ways of working for and with the customer, all while providing value and inking innovative partner relationships that have transformed the industry,” Vestberg added. “We look forward to his continued support as my strategic advisor and our board representative for Yahoo.”

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Adria Tomaszewski
adria.tomaszewski@verizon.com

FAQ

Who is the new CEO of Verizon Consumer Group?

Manon Brouillette has been appointed as the new CEO of Verizon Consumer Group, effective January 1, 2022.

What is Manon Brouillette's background before joining Verizon?

Manon Brouillette was the President and CEO of Vidéotron, where she led significant growth in the company.

When does the new CEO of Verizon Consumer Group start?

Manon Brouillette will begin her role as CEO on January 1, 2022.

What revenues did Verizon generate in 2020?

Verizon generated revenues of $128.3 billion in 2020.

What is the focus of Verizon's consumer strategy under the new CEO?

The focus includes customer-first strategies and expanding consumer operations in a 5G environment.