2014

MetricStream CEO Shellye Archambeau Elected to Verizon Board of Directors

NEW YORK, Nov. 7, 2013 /PRNewswire/ -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Shellye Archambeau, chief executive officer of MetricStream, to the Verizon Board of Directors, effective Dec. 1.

"Shellye is an accomplished executive who brings a wide range of experience in technology, e-commerce, digital media and communications to Verizon," said Lowell McAdam, Verizon chairman and chief executive officer. "She offers a unique perspective on applying emerging technologies to solve real business challenges and on the development and marketing of telecommunications and Internet services and solutions. We are very pleased to have Shellye join our board."

The addition of Archambeau brings Verizon's total board membership to 14.

Archambeau joined MetricStream in 2002, and under her leadership the company has grown to more than 1,000 employees worldwide and become a global leader in governance, risk and compliance.

Previously, she was chief marketing officer and executive vice president of sales for Loudcloud Inc., chief marketing officer for NorthPoint Communications, president of Blockbuster Inc.'s e-commerce division, and held domestic and international executive positions in a 15-year career at IBM.

Archambeau currently serves on the board of directors for the Silicon Valley Leadership Group, IT Senior Management Forum and Watermark. She received her bachelor's degree from the Wharton School at University of Pennsylvania.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300.  For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts and other information are available at Verizon's online News Center at newscenter.verizon.com. The news releases are available through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds.

SOURCE Verizon Communications Inc.



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