WSJ: Verizon Wireless' CEO McAdam to become Verizon president and COO, likely next CEO | webOS Nation
 
 

WSJ: Verizon Wireless' CEO McAdam to become Verizon president and COO, likely next CEO

by Jonathan I Ezor#IM Mon, 20 Sep 2010 10:50 am EDT

Verizon CEO Lowell McAdam From the "but is it good for the webOS community?" department comes the news via the Wall Street Journal that Lowell McAdam, the current CEO of Verizon Wireless, has been picked to become the new president and chief operating officer of parent company Verizon. McAdam now also becomes the expected successor to current 64-year-old Verizon CEO Ivan Seidenberg. McAdam will still be supervising the company's wireless businesses, but now also will be responsible for its wire-line and services operations. His current position as Verizon Wireless CEO will be filled by Daniel Mead, currently the EVP and COO at Verizon Wireless.

It will be interesting to see how Mead may approach the company's relationships with Palm, especially its decision to leave unfixed the demonstrated GPS crippling on its Pre Plus and Pixi Plus smartphones, and whether McAdam's more senior position will make it less likely the company might change direction. Longer term, having McAdam move upward could suggest a reduction in the relative importance of the non-wireless sides of Verizon's business, especially given that McAdam was a former chairman of the Board of Directors of the CTIA, the wireless industry trade association.

We congratulate both McAdam and Mead on their promotions, and wish them (and their partnership with Palm) well.

Source: WSJ

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