Lawrence T. Babbio
Chairman Emeritus, Stevens Institute of Technology
Lawrence Babbio is chairman emeritus of the Board of Trustees of Stevens Institute of Technology. Mr. Babbio is the former vice chairman and president of Verizon, who had responsibility for the Verizon Telecom and Verizon Business units. He was also a member of the Board of Directors of Verizon Wireless. Mr. Babbio is a senior advisor, TAP Advisors, LLC and was previously a senior advisor to Warburg Pincus.
Mr. Babbio began his communications career in 1966 with New Jersey Bell Telephone. He served in a variety of positions in engineering network construction and technology development with New Jersey Bell and AT&T. In January 1995 he was elected vice chairman of Bell Atlantic Corporation. Prior to the Bell Atlantic/GTE merger, Mr. Babbio was president and chief operating officer for Bell Atlantic.
Mr. Babbio also served as chairman of the company’s Global Wireless Group, one of the largest wireless operations worldwide. He was the lead executive in charge of developing Bell Atlantic’s domestic and international wireless communications strategy. Under his leadership, Bell Atlantic substantially increased the size and scope of its domestic and international wireless holdings.
He served on the Board of Directors of Hewlett-Packard Company from 2002 to 2012 and was a member of the board of Compaq Computer Corporation. He has served on the board of ARAMARK Corporation since 1999.
Mr. Babbio holds a bachelor’s degree in electrical engineering from Stevens Institute of Technology, and an MBA from New York University.