REG-VerizonCommunication: Directorate Change <Origin Href="QuoteRef">VZ.N</Origin>

Verizon CommunicationsAnnouncement

05/11/2015 18:10

Chairman of the Executive Board and CEO of Merck KGaA Karl-Ludwig Kley elected
to Verizon Board of Directors

NEW YORK, Nov. 5, 2015 -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today
announced the election of Dr. Karl-Ludwig Kley, chairman of the executive board
and chief executive officer of Merck KGaA, to the Verizon Board of Directors,
effective November 5.

"Karl is an accomplished executive who brings to Verizon significant leadership
experience as CEO of an innovative, global operation that is navigating a
highly competitive, complex and rapidly changing ecosystem. He has extensive
expertise in corporate finance and critical capabilities in strategy and
operations," said Lowell McAdam, Verizon chairman and chief executive officer.
"We are very pleased to have Karl join our board."

The addition of Kley brings Verizon's total board membership to 13.

Kley has been chief executive officer and chairman of the executive board of
Merck KGaA in Darmstadt, Germany since 2007. Prior to this, he was appointed
vice chairman of the executive board in September 2006. Before joining Merck
KGaA, Kley was a member of the executive board of Deutsche Lufthansa AG from
1998 to 2006, where he served as chief financial officer. From 1982 to 1998,
Kley worked for Bayer AG in a variety of positions, including as head of
corporate finance and investor relations.

Kley holds a J.D. from the University of Munich.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) employs a diverse workforce of
177,900 and generated more than $127 billion in 2014 revenues. Verizon Wireless
operates America's most reliable wireless network, with 110.8 million retail
connections nationwide. Headquartered in New York, Verizon also provides
communications and entertainment services over America's most advanced
fiber-optic network, and delivers integrated business solutions to customers
worldwide. For more information, visit www.verizon.com/news/.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and
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online News Center at www.verizon.com/news/. News releases are also available
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 SOURCE:  Verizon Communications Inc.

CONTACT: Media contact: Bob Varettoni, 908.559.6388,
robert.a.varettoni@verizon.com


 



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