Nelson Fonseca Named President of Terremark

Terremark, a Verizon Company, today announced that Nelson Fonseca has been named president of the company. Fonseca succeeds Kerry Bailey, who was named chief marketing officer of Verizon Enterprise Solutions, a new global organization that will oversee all business, government and wholesale operations from across Verizon’s wireless and wireline businesses.

Fonseca previously served as chief operating officer of Terremark, with responsibility for driving operational efficiencies and ensuring the company’s continued focus on execution excellence. Prior to being named COO, Fonseca was president of Terremark’s U.S. Public Sector business unit where his duties included overseeing Terremark’s federal business, as well as the company’s state and local government initiatives and its NAP of the Capital Region campus in Culpeper, Virginia. His previous roles also included senior vice president of Sales for Terremark Federal Group and vice president of Sales for Terremark Worldwide.

"When Verizon initially acquired Terremark, one of the main drivers was the outstanding leadership team that was in place, and Nelson will continue to be an invaluable asset for the company,” said Bob Toohey, Verizon Enterprise’s COO. "Nelson is a dynamic leader that will continue to drive Verizon’s global cloud strategy and deliver the enterprise-class IT infrastructure solutions that large companies and government agencies require today.”

About Terremark

Terremark, a Verizon Company, is a leader in transforming and securing enterprise-class IT on a global scale. A subsidiary of Verizon Communications Inc. (NYSE, Nasdaq:VZ), Terremark sets the standard for IT deployments with advanced infrastructure and managed service offerings that deliver the scale, security, and reliability necessary to meet the demanding requirements of enterprises and governments around the world. With a global network of data centers and a comprehensive portfolio of secure solutions, Terremark is helping enterprise and government executives realize the power and promise of the cloud today. For more information, visit www.terremark.com.