Francis J. Shammo
Fran Shammo is executive vice president and chief financial officer for Verizon Communications, responsible for the company’s finance and strategic planning operations, and financial transaction services.
Before being appointed to his position, effective Nov. 1, 2010, he was president and chief executive officer of Verizon Telecom and Business, responsible for sales, marketing and customer service excellence for the company’s consumer, small-business, enterprise and wholesale customers worldwide. The unit provides broadband, communications and entertainment services over its state-of-the-art, all-fiber FiOS network and delivers professional services and advanced IT, security, communications and networking solutions globally for enterprise customers.
Previously, Shammo was president of Verizon Business, and prior to that appointment he served as senior vice president and chief financial officer for Verizon Business.
Shammo has also served as president - West area for Verizon Wireless, responsible for the company's operations in the 13 states west of Colorado. He was vice president and controller at the time of Verizon Wireless’ launch, and was responsible for formulating and implementing its financial processes, as well as leading Sarbanes-Oxley compliance and reporting requirements.
Shammo joined Bell Atlantic Mobile in 1989 as general manager for accounting operations, and later held a series of positions of increasing responsibility in finance, mergers and acquisitions, logistics, facilities, regional operations and planning. Shammo acquired public accounting, retail and tax experience before entering the wireless industry.
Shammo is a member of the Philadelphia University Board of Trustees and a member of the Diocese of Metuchen Foundation for Education Board. He joined the Board of Micrus Endovascular Corporation in 2004 and was chairman of its audit committee before the company was acquired by Johnson & Johnson in September 2010.
He holds a bachelor’s degree in accounting from Philadelphia University, a master's degree in business administration from La Salle University, and is a Certified Public Accountant. Shammo is a member of the American Institute of Certified Public Accountants and the Economic Club of New York. He is also a member of the Wall Street Journal CFO Network.