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.
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Group Chief Financial OfficerDigicel Group Sep 2022 - Aug 2023CaribbeanResponsible 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. -
Chief Financial Officer Business GroupVerizon 2019 - 2022Basking Ridge, New JerseyResponsible 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. -
Chief Financial Officer Consumer OperationsVerizon Apr 2019 - Jun 2019Basking Ridge, New JerseyOversaw 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. -
Chief Financial Officer WirelessVerizon Aug 2016 - Apr 2019Basking Ridge, New JerseyResponsible 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.
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Chief Financial Officer WirelineVerizon 2013 - 2016Basking Ridge, New JerseyLed 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. -
Regional Cfo - EuropeVodafone Nov 2010 - Sep 2012Paddington, LondonFinancial responsibility for Vodafone's 14 European operating companies, including Turkey and Albania. Revenue of £32bn and Operating Profit £5.2bn. -
CfoVerizon Wireless Jan 2005 - Dec 2010New Jersey, UsaResponsible 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. -
Cfo UkVodafone Nov 2003 - Jan 2005Newbury, UkResponsible for all financial affairs including supply chain management. Led a cross functional business transformation and cost reduction program. -
Cfo Austalia/Pacific RegionVodafone Australia Jan 2001 - Oct 2003Sydney, AustraliaResponsible 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. -
CfoEuropolitan Holdings Ab Jul 1999 - Jan 2001Stockholm, SwedenEuropolitan was listed on the Stockholm Exchange. Responsible for all financial affairs including Investor Relations, quarterly and annual public reporting.
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Senior Management Roles In Uk And South AfricaVodafone 1993 - 1999Uk Ans South AfricaHeld 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. -
Department ManagerKpmg Uk 1984 - 1993Birmingham, Uk And Hong KongAudit 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
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Accounting And Business Finance
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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John Townsend
Ceo Of The Townsend Agency; Federal Contract Investigator; Investigative Analyst; Intelligence Analyst; Security Consultant; Compliance AgentWashington, Dc -
John Townsend
Columbus, Ohio Metropolitan Area8yahoo.com, villanova.edu, gmail.com, worthingtonindustries.com, worthingtonindustries.com, villanova.edu, dhl.com, logistics.dhl4 +151778XXXXX
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John Townsend
Columbus, Oh2jbtownsend.net, fulcrumsoftwaresolutions.com -
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