Verizon elects Jennifer K. Mann to its Board of Directors

Rhea-AI Summary

Verizon (NYSE: VZ) has announced the appointment of Jennifer K. Mann to its Board of Directors. Mann, who currently serves as Executive Vice President and President of Coca-Cola's North America Operating Unit, brings 28 years of experience from Coca-Cola. She will join Verizon's board as its 11th director.

Mann's extensive background includes overseeing Coca-Cola's operations in the US and Canada, managing the Costa Coffee acquisition, and the company's investment in Monster Beverage Corp. Her appointment comes as Verizon continues to execute its customer-first strategy and expand its broadband network through the pending Frontier acquisition. The company reported revenues of $134.8 billion in 2024.

Positive

• Addition of experienced executive with 28 years at Coca-Cola to strengthen board expertise
• Strategic appointment aligned with pending Frontier acquisition and expansion plans
• Enhanced board diversity and consumer/marketing expertise

Negative

• None.

News Market Reaction

-0.61%

1 alert

-0.61% News Effect

On the day this news was published, VZ declined 0.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Jennifer K. Mann, Executive Vice President and President, North America Operating Unit of The Coca-Cola Company, to the Verizon Board of Directors, effective immediately.

“Jennifer is a highly accomplished leader who brings to Verizon a wealth of consumer, marketing, brand management and strategic planning expertise acquired during her 28-year career at Coca-Cola,” said Verizon Chairman and CEO Hans Vestberg. “She leads Coca-Cola’s largest operating unit and possesses substantial and proven experience overseeing the integration and strategic management of large-scale acquisitions and investments. We look forward to Jennifer’s contributions to the board as we continue to execute on our customer-first strategy and expand our broadband network through the pending acquisition of Frontier.”

With the addition of Ms. Mann, the Verizon board consists of 11 directors with a broad mix of perspectives and expertise.

Ms. Mann has served as an Executive Vice President of Coca-Cola since January 2024 and President, North America Operating Unit since 2023, and is responsible for the oversight of the company’s operations in the United States and Canada. She served as President, Global Ventures of Coca-Cola from 2019 to 2022, and was responsible for globally scaling the Costa Coffee acquisition and the company’s investment in Monster Beverage Corp. Previously, Ms. Mann served as Chief People Officer of Coca-Cola from 2017 to 2019. She joined Coca-Cola in 1997 in its North America business and has held a wide range of positions in the company’s operations and customer leadership.

Ms. Mann holds a B.A. in Accounting from Georgia State University and serves on the boards of Boys & Girls Clubs of America, Morehouse College and Ronald McDonald House Charities, reflecting her deep commitment to community and education.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

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:
Katie Magnotta
201-602-9235
katie.magnotta@verizon.com

FAQ

Who is Jennifer K. Mann and what is her role at Verizon (VZ)?

Jennifer K. Mann is the newly appointed Board Director at Verizon. She currently serves as Executive Vice President and President of Coca-Cola's North America Operating Unit, bringing 28 years of experience from Coca-Cola.

How many directors are now on Verizon's (VZ) board after Jennifer Mann's appointment?

With Jennifer Mann's addition, the Verizon board now consists of 11 directors with diverse perspectives and expertise.

What experience does Jennifer Mann bring to Verizon's (VZ) board?

Mann brings extensive experience in consumer relations, marketing, brand management, and strategic planning. She has overseen large-scale acquisitions, including Costa Coffee, and managed Coca-Cola's North American operations.

What was Verizon's (VZ) revenue in 2024?

Verizon generated revenues of $134.8 billion in 2024.

What strategic initiatives is Verizon (VZ) currently pursuing?

Verizon is executing a customer-first strategy and expanding its broadband network through a pending acquisition of Frontier.