John Townsend

John Townsend Email and Phone Number

Global Chief Financial Officer, Business Transformation, Commercial Operations, External Reporting and Relations.
John Townsend's Location
United States, United States
About John Townsend

As a CFO and Public Accountant operating globally, I have developed an extensive tool box which I use to successfully formulate and execute strategies across different businesses and cultures. It all starts with a strong vision and plan, being able to assess the market and its possibilities is key. I have taken on responsibility for strategy in several businesses which, as well as identifying new markets and opportunities, also led to acquisitions. These have ranged in size and included the $28bn acquisition of Alltel and multi-billion dollar spectrum auction purchases. I have led the funding and successful integration of many of these acquisitions. Most of my experience is within publicly listed businesses or businesses where debt is traded. I have held external reporting roles in North America and Europe and have been responsible for investor and financial community relations. I enjoy being able to communicate strategies and results to external stakeholders and I have regularly attended and presented at Verizon, Vodafone and Digicel Boards and Audit Committees. As a hands-on CFO, a detailed understanding of markets and operations is critical. I have developed a reputation for being able to translate strategies into business plans and actionable operational plans. Many of my roles have included operational responsibilities including supply chain management and procurement, deal, contract management and pricing as well as promotional and channel responsibility. I excel in developing effective commercial and business processes to capitalize on opportunities for growth and waste elimination. I was part of the core leadership team that completed the formation of Verizon Wireless from its legacy businesses and transformed it to become the fastest growing operator in the U.S. and be recognized as the leading mobile telecommunications business globally. I also led a major business transformation program for Verizon Business which drove annualized benefits in excess of $2bn and faster and smarter commercial decision making as well as streamlined core processes. Acquiring and developing the right talent to inspire businesses to make the right commercial decisions is fundamental. I have earned a reputation for recruiting strong external talent and developing in-house personnel to become effective finance and business leaders. Exposing team members to new challenges and encouraging them to take risks within a constructive and supportive environment creates a strong motivated team.

John Townsend's Current Company Details

Global Chief Financial Officer, Business Transformation, Commercial Operations, External Reporting and Relations.
John Townsend Work Experience Details
  • Digicel Group
    Group Chief Financial Officer
    Digicel Group Sep 2022 - Aug 2023
    Caribbean
    Responsible for the financial operations for telecommunications provider with Revenues of $1.7B+ and EBITDA of $700M+ operating across 25 markets in the Caribbean and Central America. Managed all aspects of finance, including tax, treasury, and bondholder relations. Oversaw performance approximately 550 staff.Experience included the financial restructuring of the company's debt and the management of a restructuring with external consultants.
  • Verizon
    Chief Financial Officer Business Group
    Verizon 2019 - 2022
    Basking Ridge, New Jersey
    Responsible for financial operations, deal management teams, carrier relations and business transformation for this $30billion turnover division which supplied wireless and wireline services to small, medium, enterprise and government organizations as well as other telecom providers. Supervised a team of approximately 1,400.Experience included the establishment and management of a division wide cost and revenue transformation program which delivered over $2bn in annualized value.
  • Verizon
    Chief Financial Officer Consumer Operations
    Verizon Apr 2019 - Jun 2019
    Basking Ridge, New Jersey
    Oversaw financial affairs of newly-created Consumer division, including wireless and wireline operations with $90B+ in revenues and $41B of EBITDA. Managed over 500 finance personnel.
  • Verizon
    Chief Financial Officer Wireless
    Verizon Aug 2016 - Apr 2019
    Basking Ridge, New Jersey
    Responsible for the financial operations of US’s largest wireless business with $85B+ in revenue and $35B+ of EBITDA. Oversaw business development efforts, including spectrum strategy and inorganic expansion. Part of a management team that commercially repositioned the company resulting in re-established customer and financial growth.
  • Verizon
    Chief Financial Officer Wireline
    Verizon 2013 - 2016
    Basking Ridge, New Jersey
    Led the financial operations of Global Enterprise, Global Wholesale, and Consumer and Mass business units that generated $39B in revenue with EBITDA of $8.8B and 50,000 employees globally.Experience included the strategic repositioning of the Enterprise business and rationalization of cost bases which included extensive out sourcing and off shoring.
  • Vodafone
    Regional Cfo - Europe
    Vodafone Nov 2010 - Sep 2012
    Paddington, London
    Financial responsibility for Vodafone's 14 European operating companies, including Turkey and Albania. Revenue of £32bn and Operating Profit £5.2bn.
  • Verizon Wireless
    Cfo
    Verizon Wireless Jan 2005 - Dec 2010
    New Jersey, Usa
    Responsible for all financial matters including internal audit, tax, real estate, handset logistics and the business's Strategy team. The business was an SEC Registrant and complied with full listing rules including quarterly and annual public filings.I was part of a core management team that completed the consolidation and formation of Verizon Wireless from its legacy businesses and transformed it commercially and operationally to become the widely recognized leading mobile telecommunications business globally.Significant infrastructure investment and M&A projects undertaken including the $28bn acquisition and integration of Alltel which included external financing.
  • Vodafone
    Cfo Uk
    Vodafone Nov 2003 - Jan 2005
    Newbury, Uk
    Responsible for all financial affairs including supply chain management. Led a cross functional business transformation and cost reduction program.
  • Vodafone Australia
    Cfo Austalia/Pacific Region
    Vodafone Australia Jan 2001 - Oct 2003
    Sydney, Australia
    Responsible for all financial affairs, supply chain management, wholesale and carrier relations of the Australian business and Regional Finance Governance for Vodafone New Zealand and Vodafone Fiji.
  • Europolitan  Holdings Ab
    Cfo
    Europolitan Holdings Ab Jul 1999 - Jan 2001
    Stockholm, Sweden
    Europolitan was listed on the Stockholm Exchange. Responsible for all financial affairs including Investor Relations, quarterly and annual public reporting.
  • Vodafone
    Senior Management Roles In Uk And South Africa
    Vodafone 1993 - 1999
    Uk Ans South Africa
    Held a variety of roles in the UK Distribution and Network Businesses. Responsibilities included marketing, product, pricing and promotional support as well as planning and transactional processing and control. Also interim CFO in South African service provider.
  • Kpmg Uk
    Department Manager
    Kpmg Uk 1984 - 1993
    Birmingham, Uk And Hong Kong
    Audit Junior through to Departmental Manager. Qualifying as an ACA.Included a one year assignment to Hong Kong to assist with that office's corporate finance work, which included two large financial institution transactions and the liquidation of an Investment Bank and a Commercial Bank.Extensive corporate finance experience work including due diligence, purchase and sale advisory, and Stock Exchange compliance work.

John Townsend Education Details

Frequently Asked Questions about John Townsend

What is John Townsend's role at the current company?

John Townsend's current role is Global Chief Financial Officer, Business Transformation, Commercial Operations, External Reporting and Relations..

What schools did John Townsend attend?

John Townsend attended The University Of Manchester.

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