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Verizon's Technology Chief Kheradpir Departing For Barclays

DOW JONES NEWSWIRES Verizon Communications Inc. (VZ) said Chief Technology Officer Shaygan Kheradpir plans to retire this month and will be succeeded by Anthony Melone, who has been holding that position at Verizon Wireless. Kheradpir is leaving to become chief operating officer for Barclays PLC's (BCS, BARC.LN) global retail banking division at the start of 2011. He had been with Verizon and its predecessors for 23 years, moving from his role as chief information officer to the newly created chief technology officer post in October. Melone became Verizon Wireless' technology chief in 2007 and has overseen the wireless-telecommunications provider's upgrade in launching the joint venture's fourth-generation services. Verizon Wireless is a joint venture between Verizon and Vodafone Group PLC (VOD, VOD.LN). Verizon shares closed Monday at $32.89 and were inactive in recent premarket trading. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Verizon (VZ)
DateTimeHeadline
12/19/201416:16:49AT&T Boosts Dividend
12/19/201416:13:23AT&T Inc. Boosts Dividend 2.2%
12/16/201417:04:28Google Cuts Patent Deal With Verizon--Update
12/16/201416:16:49T-Mobile Offers to Roll Over Data -- Update
12/16/201413:20:09T-Mobile Offers to Roll Over Data
12/16/201413:05:54T-Mobile Offers to Roll Over Data, Harking Back to Era of Voice...
12/16/201411:16:16Google, Verizon Enter Patent Agreement
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12/09/201400:32:11Advertisers Pay Billions for Bogus Web Traffic
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12/07/201420:30:09BlackBerry Plans Medical Tool for Its Passport Smartphone
12/05/201420:23:18Canadian Court Rules Against Telus Challenge to Government Policy
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11/24/201417:07:34U.S. Stocks Close Higher
11/24/201415:00:16U.S. Stocks Pare Gains
11/21/201422:00:51Wireless Carriers Bid Up US Airwaves To Record

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