Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. People moves news
  3. BlackRock appoints Seidenberg to Board
  4. /ol>
People moves news

BlackRock appoints Seidenberg to Board


20 January 2011 New York
Reporter: Justin Lawson

Generic business image for news article
Image: Shutterstock
BlackRock, Inc. have announced that Ivan G. Seidenberg, Chairman and Chief Executive Officer of Verizon, has joined the Company’s Board of Directors.

“Ivan’s distinguished background and experience in navigating Verizon’s cutting-edge enterprise will add further depth to our well-rounded group of Directors,” commented Laurence D. Fink, Chairman and CEO of BlackRock. “We are pleased to welcome Ivan to our Board of Directors and look forward to his many contributions.”

With the addition of Mr. Seidenberg, BlackRock’s Board of Directors has 19 members, 11 of whom are independent and not affiliated with the Company.

Mr. Seidenberg has led Verizon since its inception in 2000, transforming the company into a premier global network company by building a nationwide wireless network, deploying high-speed fiber broadband direct to homes, and expanding its global Internet backbone network around the world.

Before becoming Verizon’s CEO, Mr. Seidenberg was chairman and CEO of its predecessor companies, NYNEX and Bell Atlantic. In a period of massive industry transformation, he built Verizon by combining Bell Atlantic and NYNEX, GTE and MCI; and created Verizon Wireless by merging Bell Atlantic Mobile, GTE Wireless and portions of Vodafone AirTouch.

Since 2009, Mr. Seidenberg has chaired the Business Roundtable, an influential association of CEOs of leading U.S. companies. In June 2010, President Barack Obama appointed him to the President’s Export Council, which advises the President on how to promote U.S. exports, jobs and growth. In 2007 President George W. Bush named him to the National Security Telecommunications Advisory Committee, which provides counsel on communications issues related to national security. He is a member of the New York Academy of Sciences’ President's Council and serves on the board of trustees of the New York-Presbyterian Hospital, The New York Hall of Science, Pace University and the Paley Center for Media. He is a former chairman of the board for the U.S. Telecom Association and has been active in many other civic and educational organizations.

Mr. Seidenberg earned a bachelor's degree in mathematics from Lehman College, part of the City University of New York, and a master's degree in business administration and marketing from Pace University.
← Previous people moves article

Cantor Fitzgerald appoint Kessler
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →