TJ Fox named to newly created role SVP of IIoT and Automotive, Verizon Business
Verizon has been recognized as a Leader in the Gartner March 2021 Magic Quadrant for Managed IoT Connectivity Services, noted for its completeness of vision and ability to execute. The company appointed TJ Fox as Senior Vice President of Industrial IoT and Automotive, tasked with expanding Verizon's presence in the connected vehicle and industrial equipment markets. Fox brings nearly three decades of experience within the company, previously leading initiatives that contributed to annual revenues of $12 billion for Verizon Business.
- Recognized as a Leader in Gartner's Magic Quadrant for Managed IoT Connectivity Services.
- TJ Fox appointed to spearhead IoT and connected auto expansion, leveraging prior experience for growth.
- None.
Gartner March 2021 Magic Quadrant for Managed IoT Connectivity Services, Worldwide1, classifies Verizon as a “Leader,” placed for “completeness of vision” and “ability to execute”
BASKING RIDGE, N.J., May 20, 2021 (GLOBE NEWSWIRE) -- TJ Fox has been appointed Senior Vice President of Industrial IoT and Automotive for Verizon Business. The newly created role is dedicated to fueling the company’s expansion in the connected vehicle, device, and industrial equipment markets, which are poised for continued growth. Fox is responsible for leading business development, commercial modeling, and cross-functional efforts for Verizon’s IoT and connected auto activities across multiple industries and business sectors.
“Customers need IoT solutions that transition seamlessly between fixed positions like warehouses and mobile locations moving across environments and geographies,” said Fox. “As we advance into the 5G and MEC enhanced massive IoT era, Verizon has the existing network superiority, ongoing network investment – including our recently acquired C-Band spectrum – and deep enterprise experience to be partner of choice for customers with IoT and connected vehicle ambitions at the highest scale.”
“In naming a leader who can catalyze growth in burgeoning and rapidly changing markets, TJ was the obvious choice,” said Sampath Sowmyanarayan, Chief Revenue Officer (CRO) of Verizon Business. “He has excelled at any task that is his charge in nearly three decades at Verizon, and with the company in prime position to take advantage of the enormous IoT growth on the horizon, he has the experience, drive, and vision to spearhead our expansion in these spaces.”
Gartner March 2021 Magic Quadrant for Managed IoT Connectivity Services, Worldwide, positions Verizon in its “Leaders” quadrant, recognized for “completeness of vision” and “ability to execute.”
In the last decade, Verizon has built a dynamic portfolio of IoT platforms and solutions including connectivity for OEM, connected asset tracking and condition monitoring, IoT device and ecosystem management, smart energy and utilities solutions, and more.
Fox previously served as SVP and President of Verizon Business Markets, leading 5,000 sales professionals dedicated to selling wireless and wireline solutions to small and medium businesses in the U.S., contributing to an annual revenue of
Fox has also held positions in Retail and Business Sales, Telesales, US Operations, US Customer Service Operations and Verizon Enterprise Solutions, and several senior executive-level national and field operations roles, including SVP of the Wireless Business Group and SVP of National Operations for Verizon Wireless. He also served as President of the Illinois/Wisconsin region of Verizon Wireless.
Fox has been named a Crain’s Chicago “40 under 40” award winner and is a seven time recipient of Verizon President’s Cabinet award, which is the highest honor that a Verizon sales professional and leader can attain. He currently sits on the Leadership Council for Prevent Child Abuse America (PCAA).
¹Gartner, Magic Quadrant for Managed IoT Connectivity Services, Worldwide, Pablo Arriandiaga, Eric Goodness, Leif-Olof Wallin, Jonathan Davenport, March, 2021.
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of
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:
Matt Conte
917-848-3040
matthew.conte@verizon.com
FAQ
What did Verizon achieve in Gartner's Magic Quadrant for Managed IoT Connectivity Services?
Who is TJ Fox and what is his new role at Verizon?
What revenue does Verizon Business contribute annually?
When was Verizon formed?