Verizon CMO Diego Scotti set to depart
Scotti joined Verizon as CMO in 2014.
Tfoso
Verizon Chief Marketing Officer Diego Scotti is leaving his position, according to an internal memo sent out by Verizon CEO Hans Vestberg.
In the memo, Vestberg said that Scotti had announced his plans to depart from the telecommunications giant to “focus on building a new chapter in his career and explore new challenges.”
No immediate successor was named. As part of the move, Verizon Chief Strategy Officer Rima Qureshi will take on an interim leadership role over Verizon’s CMO organization. Scotti will be helping the Verizon team with the transition over the next few weeks, Vestberg wrote.
"We have benefited from having Diego as our CMO during a time of critical importance for our company; his impact on our brand and our business has been immense. I, for one, am grateful for his energy, partnership and leadership,” Vestberg said in the memo.
Verizon Chief Communications Officer Jim Gerace will now report to Vestberg and Rose Kirk, chief corporate social responsibility officer will transition into the human resources department, reporting to Sam Hammock, chief human resources manager at Verizon, according to the memo.
Before Scptti joined Verizon in late 2014, he spent three years as CMO of J.Crew. He also previously oversaw brands at Condé Nast and was head of global advertising and brand management at American Express.
This is a breaking news story, check back for updates.
