Ivan Seidenberg Net Worth

Seidenberg was appointed to the National Security Telecommunications Advisory Committee, in 2007 by President George W. Bush. The purpose of the committee is to keeps the President informed on communications issues related to national security, emergency preparedness and the protection of critical infrastructure. Seidenberg is a member of the President’s Council of the New York Academy of Sciences. He also a member on the board of directors/trustees of the following: The Paley Center for Media, The New York Hall of Science, Pace University, The New York-Presbyterian Hospital and the Verizon Foundation. Ivan Seidenberg stated as reported in the WSJ: “Verizon CEO No Bailout for Me, Thanks,” Seidenberg clearly stated that Verizon doing just fine and would not take any TARP money. There were many rumors and allegations that reported just the opposite, however it seems that The Federal Reserve Bank bought $1.5 billion of Verizon’s short term (90 days) commercial paper, funds for the purchase did not come from the TARP program.