David Cammarata Email & Phone Number

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

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

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