Verizon CFO Hailed as Role Model for Young Girls
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NEW YORK -- Verizon Chief Financial Officer Doreen Toben is making a difference for young women everywhere, according to Girls Incorporated, a national nonprofit advocacy organization for girls. The organization is honoring Toben and three other executives as role models and leaders at its annual awards luncheon March 27 in New York City.
"Doreen exemplifies our motto: smart, strong and bold," said Joyce Roche, Girls Inc. president and CEO. "She's exactly the kind of role model that young girls need to see at every company."
Roche called Toben "an influential leader whose hard work, intelligence and integrity helped her scale the financial ladder." In 2002, Toben's first year as Verizon CFO, the company reduced its debt by 15.9 percent and increased cash flow. She also was named to Fortune magazine's list of "50 Most Powerful Women in Business."
"It's an honor to be recognized by Girls Inc., a group that's started millions of girls on the path to independence and achievement," said Toben. "Organizations like Girls Inc. and Verizon recognize the importance of developing the leadership potential of women and girls. That's essential for the growth of our future work force."
Verizon offers women opportunities to grow and advance, and a corporate culture in which they can excel, yet still have a life outside work. The company prepares women and minorities for career advancement through mentoring and leadership development programs like the Verizon Development and Leadership Initiative, which helps participants fine-tune professional goals and network with Verizon executives.
Women also find mentors and networking opportunities through the Women's Association of Verizon Employees, a company-sponsored organization that focuses on workplace and life balance issues.
Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 135.8 million access line equivalents and 32.5 million Verizon Wireless customers. Verizon is also the largest directory publisher in the world. With more than $67 billion in annual revenues and 229,500 employees, Verizon's global presence extends to more than 30 countries in the Americas, Europe, Asia and the Pacific. For more information on Verizon, visit www.verizon.com.