# Alfonso Villanueva

> Alfonso Villanueva is the EVP, Chief Transformation Officer and Interim CEO of Verizon Consumer Group - the largest consumer wireless carrier in the United States. A former McKinsey Senior Partner and PayPal EVP, he joined Verizon in November 2025 at the invitation of new CEO Dan Schulman, his former PayPal colleague, to lead a sweeping $5B+ operational transformation. With roots in strategy consulting across Asia-Pacific and two decades of experience in telecom, media, and technology, Villanueva brings a rare blend of corporate venture expertise, AI-driven data strategy, and global transformation leadership to one of America's biggest companies.

- **Role:** EVP, Chief Transformation Officer & Interim CEO of Verizon Consumer Group at Verizon
- **Organizations:** Verizon, PayPal, McKinsey & Company, SingTel, Albar Court Ventures, Bankinter, Europ Assistance
- **Nationality:** Spanish
- **Education:** MBA with Highest Distinction, Finance, London Business School, MA with Highest Distinction, Northeastern University
- **Known for:** Led Verizon's $5B+ operational efficiency initiative in 2026, targeting structural cost reductions across the enterprise, Oversaw 13,000-employee workforce reduction at Verizon as part of transformation agenda, Launched $20M reskilling and career transition fund for departing Verizon employees

## Career timeline

- **2000** — Joined McKinsey & Company as strategy consultant
- **2011** — Became McKinsey Managing Partner for Telecom, Media & Technology (TMT) practice across Asia Pacific
- **2012** — Served as Chief Innovation Officer and COO of SingTel Digital Life, launching the company's digital division and venture fund
- **2015** — Left McKinsey after 15 years as Senior Partner to join PayPal
- **2015** — Joined PayPal as EVP of Strategy, Corporate Development and Data Science; joined Management Committee
- **2016** — Launched and led PayPal Ventures, building a portfolio of 80+ investments across nearly 50 companies
- **2024** — Left PayPal after 9 years; founded Albar Court Ventures for strategic technology investments
- **2025** — Joined Verizon in November as EVP and Chief Transformation Officer, recruited by new CEO Dan Schulman
- **2026** — Appointed Interim CEO of Verizon Consumer Group in February following Sowmyanarayan Sampath's departure

## Achievements

- Led Verizon's $5B+ operational efficiency initiative in 2026, targeting structural cost reductions across the enterprise
- Oversaw 13,000-employee workforce reduction at Verizon as part of transformation agenda
- Launched $20M reskilling and career transition fund for departing Verizon employees
- Built PayPal Ventures into a portfolio of 80+ investments across nearly 50 companies
- Led PayPal's global M&A strategy and corporate development for 9 years
- Named to Global Venturing Powerlist 2023 as one of the world's top corporate venture leaders
- Served as Managing Partner for McKinsey's Asia-Pacific TMT practice
- Founded SingTel Digital Life and its associated venture fund as Chief Innovation Officer
- Appointed External Independent Director to Bankinter, one of Spain's leading banks
- Chairs the Audit Committee at Europ Assistance, a multinational insurance company
- Graduated MBA with Highest Distinction from London Business School

## Latest updates

- **2026-02** — Named Interim CEO of Verizon Consumer Group following departure of Sowmyanarayan Sampath
- **2026-01** — Leading Verizon's $5B operational savings initiative, including real estate consolidation, contract renegotiations, and automation programs
- **2025-12** — Oversaw announcement of 13,000+ job reductions at Verizon as part of transformation strategy; launched $20M transition fund for departing employees
- **2025-11** — Joined Verizon as EVP and Chief Transformation Officer, reporting directly to new CEO Dan Schulman

## Links

- Website: https://www.verizon.com/about/our-company/executive-bios/alfonso-villanueva
- LinkedIn: https://www.linkedin.com/in/villanuevaalfonso/
- Facebook: https://www.facebook.com/verizon

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Profile page: https://yespress.io/alfonso-villanueva
Published by YesPress — https://yespress.io
Last updated: 2026-05-31