Verizon Communications (NYSE: VZ) announced the election of Charles Phillips to its Board of Directors, effective immediately. The appointment adds a prominent technology and financial services leader to the telecom giant's governance structure.

Phillips is the Co-Founder and Managing Partner of Recognize Partners LP, a private equity firm focused on technology services businesses. He has held this role since January 2020. Verizon CEO Dan Schulman highlighted Phillips' distinctive experience in technology, financial, and regulatory environments as key to his selection.

Professional background and expertise

Before leading Recognize, Phillips served as Executive Chairman of Infor Inc., an enterprise software application provider, from 2019 to 2020. He was also the Chief Executive Officer of Infor from 2010 to 2020. His earlier career includes serving as President of Oracle Corporation from 2003 to 2010 and as a Managing Director in Morgan Stanley’s Technology Group from 1996 to 2003.

Phillips holds a B.S. in Computer Science from the U.S. Air Force Academy, an M.B.A. from Hampton University, and a J.D. from New York Law School. He also served as a Captain in the U.S. Marine Corps.

Board composition and other directorships

With this addition, the Verizon board consists of 10 directors. The company stated that the board now reflects a broad mix of perspectives and expertise. Schulman noted that Phillips' contributions will help Verizon innovate faster, delight customers, and drive sustainable long-term value for shareholders.

Phillips currently serves on the boards of directors for several other major entities:

• American Express
• Bloomberg LP
• Compass Inc.
• The Apollo Theater
• Council on Foreign Relations

Company profile

Verizon Communications, headquartered in New York City, serves millions of customers worldwide and nearly all of the Fortune 500. The company generated revenues of $138.2 billion in 2025. Verizon focuses on mobility, reliable network connectivity, and security services.

Verizon Communications Inc. (NYSE: VZ) will release its third-quarter 2026 financial results on Monday, October 26, 2026. The telecommunications giant plans to present these figures via a live webcast starting at 8:30 am ET.

Earnings call details

Investors and analysts can access the presentation materials, including Verizon’s press release and detailed financial tables, beginning at 7:00 am ET on the company’s Investor Relations website. The webcast will provide a comprehensive overview of the company’s performance for the quarter ending September 2026.

Company profile

Headquartered in New York City, Verizon serves millions of customers globally, delivering mobility, network connectivity, and security services. The company supports nearly all of the Fortune 500 companies across various countries. In its most recent full-year reporting period, Verizon generated revenues of $138.2 billion in 2025.