Verizon Picks CFOVerizon Picks CFO

NEW YORK -- Verizon Communications Inc. (NYSE:VZ) today named John F. Killian, executive vice president and chief financial officer, effective March 1. Killian, 54, will succeed Doreen A. Toben, who last week announced her plans to retire around the middle of this year and who will work with Killian during the transition period.

Killian currently is president of Verizon Business, which provides advanced network solutions to large-business and government customers. A replacement for Killian will be named shortly.

Verizon Chairman and CEO Ivan G. Seidenberg said: "John has the broad scope of financial and operational experience that makes him a natural fit for the CFO position. He has held many of Verizon's top financial jobs and most recently has led our enterprise operations during a period when we have consistently taken share from our competition globally. We look forward to a seamless transition."

Verizon Communications Inc. (NYSE: VZ)