Ampcus Inc announced that Charles McMahon has been named Vice President of the company - Strategic Initiatives.
The company stated that McMahon, a longtime executive with Verizon was responsible for helping Ampcus meet challenges associated with cost reductions, strategic partnering, contractual protections, business development and had served since 2004 as Director of Verizon, (VZ), where he has spent his 30-year career in a range of sourcing & contracts, real estate, operations and general management positions.
Prior to his current responsibilities, he was Director of Souring and Contracts focused on Information Technology, Ampcus noted.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.