Ivan Seidenberg Net Worth is$55 Million
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Date of Birth: Dec 10, 1946
Nicknames: Ivan Seidenberg
Country: United States of America
Ivan Seidenberg is an American businessman he has a net worth of $55 million. Ivan Seidenberg has earned his net worth as former Chairman and CEO of Verizon Communication. Seidenberg is the current Chairman of the Business Roundtable, on August 1, 2011 Verizon's current President and COO succeeded Seidenberg as CEO. He was born on December 10, 1946, and started his business career in an entry level position at NYNEX and quickly became the CEO in 1994. He was wounded in the Vietnam War and later earned a bachelor's degree in mathematics from the City University of New York, and an MBA from Pace University. Seidenberg showed his generous by donating $15 million dollars to Pace University, in 2006. The University renamed the Pace's School of computer 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 purpose of the committee is to keeps the President informed on communications issues related to national security, emergency preparedness and the protection of critical infrastructure. Seidenberg is a member of the President's Council of the New York Academy of Sciences. He also a member on the board of directors/trustees of the following: The Paley Center for Media, The New York Hall of Science, Pace University, The New York-Presbyterian Hospital and the Verizon Foundation. Ivan Seidenberg stated as reported in the WSJ: "Verizon CEO No Bailout for Me, Thanks," Seidenberg clearly stated that Verizon doing just fine and would not take any TARP money. There were many rumors and allegations that reported just the opposite, however it seems that The Federal Reserve Bank bought $1.5 billion of Verizon's short term (90 days) commercial paper, funds for the purchase did not come from the TARP program.
Ivan Seidenberg (born December 10, 1946) was the Chairman and CEO of Verizon Communications. He is also the current Chairman of the Business Roundtable. Effective Aug. 1 2011, Lowell McAdam, fomer President and COO of Verizon Communications, succeeded Seidenberg as CEO. Seidenberg continues to serve as chairman to facilitate the transition.
Seidenberg rose through the ranks from an entry level out of high school becoming CEO of NYNEX in 1994. He oversaw the mergers as it became Bell Atlantic in 1997 followed by the merger with GTE in 2000 to form Verizon. He stepped down as CEO in 2011 but maintains the chairman position.
Seidenberg began his career in telecommunications as a lineman's assistant straight from high school. He was wounded in Vietnam, and subsequently earned a bachelor's degree in mathematics from the City University of New York and an MBA from Pace University.
Seidenberg started his career as a cable splicer's assistant at New York Telephone, eventually becoming head of NYNEX in 1994. He took a senior position in Bell Atlantic after that company merged with NYNEX. When Bell Atlantic became Verizon, Seidenberg was sole CEO of the company.
In 2006, Seidenberg donated $15 million to Pace University. Pace's School of Computer Science and Information Systems was officially renamed the Ivan G. Seidenberg School of Computer Science and Information Systems.
In 2007, President George W. Bush named Seidenberg to the National Security Telecommunications Advisory Committee, which advises the president on communications issues related to national security, emergency preparedness and the protection of critical infrastructure.
Seidenberg is chairman of the Business Roundtable. He also serves on the board of directors/trustees of The Paley Center for Media, The New York Hall of Science, Pace University, The New York-Presbyterian Hospital and the Verizon Foundation. He is also a member of the President's Council of the New York Academy of Sciences.<

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Ivan Seidenberg Latest News

Here are all the alcohols that are gluten-free

Peter Green, the director of Celiac Disease Center at Columbia University and the Phyllis and Ivan Seidenberg Professor of Medicine at Columbia University, explained to us what alcohol you can drink that are gluten-free. Peter Green: Gluten is a term ...
Posted: October 18, 2017, 10:28 am

America's Internet -- Now as Good as Angola's

A recent letter to the editor of the New York Times from Verizon Chairman Ivan Seidenberg had me scratching my head. Seidenberg wrote to rebut a Times Op-Ed by former White House technology adviser Susan Crawford, in which she argues that the United States ...
Posted: December 9, 2011, 2:13 am

Why the Verizon CEO Was Right About Bernie Sanders

We deserve better from people aspiring to be President.” – Verizon CEO Lowell McAdam Continue Reading Below Former Verizon CEO Ivan Seidenberg was a man of the people. He grew up on the streets of the Bronx, worked as a cable splicer’s assistant ...
Posted: April 19, 2016, 1:44 am
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