David Cammarata

David Cammarata Email and Phone Number

Finance Executive, Treasury and Risk Management
David Cammarata's Location
Basking Ridge, New Jersey, United States, United States
About David Cammarata

David Cammarata is a Finance Executive, Treasury and Risk Management. Colleagues describe him as "Many times my current role and Dave's are frequently pulled into various contract negotiations and other Risk Management type roles. I have worked extensively with Dave and his team during my tenure here at Verizon and have nothing but praise and good things to say about him and his team. Dave is a good director. He goes out of his way to ensure problems are fully resolved and completed before they ever become and issue. Often times he suggests various vehicles or methods that would simplify or safely mitigate the risk on behalf of Verizon in terms of various contracts or deals. He is oftentimes the person we all congregate towards in discussing complex deals to get his input and his thoughts on the process. He is a great communicator and people person and is frequently in talks with all members of his team regardless of level which I feel is important and oftentimes overlooked. I highly recommend him in his current role with Verizon."

David Cammarata's Current Company Details

Finance Executive, Treasury and Risk Management
David Cammarata Work Experience Details
  • Verizon Communications Inc.
    Assistant Treasurer - Risk Management And Insurance
    Verizon Communications Inc. Jan 2004 - Jun 2019
    Basking Ridge, Nj
    Was responsible for all aspects of Verizon's Risk Management and Insurance Programs. Responsibilities included property and casualty insurance programs covering $180B of property assets, $125B+ in revenue, 30,000 vehicles, and 160,000+ employees in 120 countries. Also, served as President of Verizon's ~$2B captive insurance company. Job duties included:o Establishing and implementing risk management strategies, policies and procedureso Overseeing the activities of a staff of 20+ risk and claims professionalso Assigning and overseeing brokerso Procuring gobal property, casualty, and executive liability insurance products from over 50 carriers worldwideo Overseeing loss control activitieso Processing insurance claims and overseeing claims activities ranging from $200M to $400M per yearo Directing insurance activities related to major mergers and business divestitureso Directing the activities of the Corporation's captive insurance company
  • Verizon Communications Inc.
    Manager - Capital Markets
    Verizon Communications Inc. Dec 1998 - Jan 2004
    Managed the company’s $50 billion debt and $3 billion derivatives portfolioso Prepared analyses and made recommendations related to debt and equity financing alternatives, equipment leasing, dividend policy, ESOP alternatives, and distressed investments.o Prepared interest rate and debt assumptions for the corporation’s business planning process0 Prepared quarterly mark-to-market valuations on the debt and derivatives portfolios for SEC 10-Q and 10-K disclosures0 Played a lead role in implementing FAS 133, Accounting For Derivatives and Hedging Activities for the company
  • Verizon Communications Inc.
    Manager - Internal Auditing
    Verizon Communications Inc. Mar 1989 - Dec 1998
    Manager - Internal Auditing, 1/92 - 11/98Supervising Senior Auditor, 3/89 - 12/91o Managed staffs ranging in size from six to fifteeno Completed an organizational restructuring for the Arlington, VA officeo Managed financial and operational audits of a diverse group of subsidiaries, including landline and cellular telephone, computer maintenance, network integration, software development, and Yellow Pages sales companieso Identified over $10 million in cost savingso Acquired in-depth knowledge of the following business cycles: - revenue and receivables - purchases and payables . - fixed assets and inventory - payroll and personnel - financial reporting - treasury

David Cammarata Education Details

Frequently Asked Questions about David Cammarata

What is David Cammarata's role at the current company?

David Cammarata's current role is Finance Executive, Treasury and Risk Management.

What schools did David Cammarata attend?

David Cammarata attended Rider University.

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