Verizon Communications Inc. announced the election of Caroline A. Litchfield, Executive Vice President and Chief Financial Officer of Merck & Co. Inc., to the Verizon Board of Directors, effective October 1, 2024. The addition of Ms. Litchfield will bring Verizon?s total board membership to 11, effective October 1, 2024.

Ms. Litchfield has served as Merck?s Executive Vice President and Chief Financial Officer since 2021 and is responsible for its finance, investor relations, procurement and facilities operations management. She served as Senior Vice President and Treasurer of Merck from 2019 to 2021, a position that included responsibility for treasury, tax and investor relations. From 2014 to 2018, Ms. Litchfield led finance for Human Health, Merck?s largest business, overseeing financial operations and reporting in approximately 100 markets.

Previously, she was the vice president and finance lead for Merck?s Emerging Markets region when it was established in 2009 following the merger of Merck and Schering-Plough and was instrumental in integrating the two companies. She joined Merck in 1990 in its U.K. business and has held a wide range of positions of increasing responsibility in the company?s country, regional and global finance functions. Ms. Litchfield holds a B.S. in Mathematics from the University of Leicester and is a fellow of the Chartered Institute of Management Accountants.