Charles E. Phillips joins Verizon's board, bringing an enterprise software edge
As seen on the 24/7 Wall St. homepage on September 29, 2026.
Charles E. Phillips, the former Oracle president who went on to run Infor, now has a board seat and a filing obligation at a $191.1 billion telecom hunting for enterprise software growth. His Form 3 means every future trade he makes in the stock is public, and the enterprise playbook he built is now inside Verizon's boardroom.
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Verizon just pulled Oracle's former president and Infor's turnaround chief executive onto its board, formalized by a Form 3 filing dated September 29, 2026. That puts deep enterprise software experience inside the company's highest-level decision making.
Every buy or sell Phillips makes in the stock now becomes public record under SEC insider reporting rules, giving investors a direct line of sight into how a boardroom heavyweight positions himself.
His career was built on selling and scaling complex software platforms to large organizations, exactly the kind of customer Verizon is competing harder to reach as it looks beyond traditional wireless revenue.
When a figure with Phillips's enterprise playbook takes a formal seat at the table, the market reads it as a signal about where management thinks future growth will come from.
Sources
Mentioned: VZ