Verizon has snagged Ericsson talent for its executive pool, naming former Ericsson North America President and CEO Rima Qureshi as the carrier’s new EVP and chief strategy officer.
Roy Chestnutt, who has held the chief strategy officer position since 2013, previously announced he would be leaving Verizon by the end of the year. Qureshi will take over the position beginning Nov. 6.
In her new role, Qureshi will take the lead for development and implementation of Verizon’s overall corporate strategy, including business development and strategic investments, the carrier said. Qureshi will report to CEO and Chairman Lowell McAdam.
“We thank Roy for his leadership and strategic focus, which have helped transform Verizon into a major player in next-generation markets,” McAdams commented. “The addition of Rima is another game-changer for Verizon. She’s a visionary leader, with a global perspective and a thorough understanding of our industry and where it’s headed.”
Verizon said Qureshi brings “extensive experience” in terms of acquisitions and integrations, as well as success in managing different business segments. Prior to taking on the CEO role at Ericsson North America in 2016, Qureshi served as chief strategy officer and head of mergers and acquisitions.
Qureshi has been a vice president at Ericsson since 2000, after joining the team in 1993.