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Holly Hess Groos has had a busy year and a half since becoming treasurer and senior vice president at Verizon Communications. A few months into the job, Groos faced a $5.3-billion credit facility that was expiring in April 2010. She worked to take advantage of the improved credit environment to extend the facility three years and upgrade it to $6.2 billion.
Groos also oversaw a debt offering this year that raised $6.2 billion in long-term debt. “Our target was to raise $4.5 billion,” she says, “but we left ourselves open to upsizing if interest rates and terms were right, and they were.”Recommended Stories
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