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Target Executive Kathryn A. Tesija Joins Verizon Board of DirectorsNews Release
NEW YORK – December 6, 2012 –
Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Kathryn A. Tesija, executive vice president of merchandising and supply chain at Target Corp. (NYSE: TGT), to the Verizon Board of Directors, effective immediately.
"Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and chief executive officer. "We are delighted to have the benefit of her leadership perspective and guidance."
The addition of Tesija brings Verizon's total board membership to 12.
Tesija joined Target in 1986 and has held a variety of leadership positions within merchandising. She is a member of Target's executive committee and currently oversees all merchandising functions, including product design and development, sourcing, inventory management, merchandising systems, presentation and operations, as well as the company's global supply chain. Tesija received her bachelor's degree from the University of Wisconsin - Stout.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 96 million retail customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of 184,500. For more information, visit www.verizon.com.
Peter Thonis, 212-395-2355