FairPoint hires former Verizon exec as CFO

Independent telco FairPoint Communications, which acquired wireline properties from Verizon Communications this year in a very controversial deal, has named a former international unit CFO from Verizon as its new CFO. Alfred Giammarino replaces ex-FairPoint CFO John Crowley, who left last month for a different opportunity. Giammarino comes directly from a CFO role at Sensus Metering Systems, but he had been senior vice president and CFO of Verizon's international and information services group earlier this decade after a 15-year stint with GTE.

Verizon acquired GTE several years ago when that company was the eighth-largest telco in the U.S., and, ironically, FairPoint's acquisition of Verizon properties in Maine, New Hampshire and Vermont recently made the Charlotte, N.C.-based company the country's new eighth-largest telco.

For more:
- see this story at The Charlotte Business Journal

Related articles
FairPoint, after buying, may now consider selling other properties
FairPoint earlier had delayed its New England system cutover

Suggested Articles

lphabet and Google CEO Sundar Pichai announced on Monday that Google plans to invest around $10 billion in India over the next five to seven years.

Hewlett Packard Enterprise (HPE) has juiced its SD-WAN platform by buying Silver Peak for $925 million.

Comcast's investment in the development of artificial intelligence and machine learning paid off in spades during the coronavirus pandemic.