Ivan Seidenberg is an American businessman who has a net worth of $55 million. Ivan Seidenberg has earned his net worth as former Chairman and CEO of Verizon Communications. Seidenberg is the present Chairman of the Business Roundtable, on August 1, 2011 Verizon’s present President and COO succeeded Seidenberg as CEO. He was born on December 10, 1946, and began his enterprise profession in an entry stage place at NYNEX and rapidly turned the CEO in 1994. He was wounded within the Vietnam War and later earned a bachelor’s diploma in arithmetic from the City University of New York, and an MBA from Pace University. Seidenberg confirmed his beneficiant by donating $15 million {dollars} to Pace University, in 2006. The University renamed the Pace’s School of pc Science and Information Systems to the Ivan G. Seidenberg in honor of his donation.
Seidenberg was appointed to the National Security Telecommunications Advisory Committee, in 2007 by President George W. Bush. The objective of the committee is to retains the President knowledgeable on communications points associated to nationwide safety, emergency preparedness and the safety of crucial infrastructure. Seidenberg is a member of the President’s Council of the New York Academy of Sciences. He additionally a member on the board of administrators/trustees of the next: The Paley Center for Media, The New York Hall of Science, Pace University, The New York-Presbyterian Hospital and the Verizon Foundation. Ivan Seidenberg said as reported within the WSJ: “Verizon CEO No Bailout for Me, Thanks,” Seidenberg clearly said that Verizon doing simply high quality and wouldn’t take any TARP cash. There have been many rumors and allegations that reported simply the alternative, nevertheless plainly The Federal Reserve Bank purchased $1.5 billion of Verizon’s brief time period (90 days) industrial paper, funds for the acquisition didn’t come from the TARP program.
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