NEW YORK - Verizon Communications (NYSE:VZ) today announced that Brian Hinman is joining the company as vice president - intellectual property strategy.
Effective Sept. 1, Hinman will be responsible for leading the intellectual property strategy for the corporation, including both its Verizon Telecom and Verizon Wireless business groups.
Dick Lynch, Verizon's chief technology officer, said, "Intellectual property has never been more important to the success of high-tech companies than it is today. Verizon is fortunate to have a significant and growing portfolio of valuable IPR [intellectual property rights]. We believe that Brian brings the expertise to maximize the impact of our IPR on Verizon's success."
Prior to joining Verizon, Hinman was chief executive officer of Allied Security Trust (AST), a Poughkeepsie, N.Y.-based trust formed by several high-technology companies to obtain cost-effective patent licenses. He was CEO during the startup phase of the trust, formed in 2007, and before that he spent more than 20 years in senior executive positions in the field of intellectual property at large operating companies, including IBM and Westinghouse.
Hinman holds Bachelor of Science degrees in business, marketing and economics from University of Pittsburgh and an MBA from Rensselaer Polytechnic Institute.
Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 69 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of more than 228,600 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit www.verizon.com.