OREANDA-NEWS. January 29, 2015. CFO Fran Shammo was joined by Verizon finance leaders as he was honored by CFO Studio magazine at a recent reception celebrating the launch of the issue.

The event was sponsored by Deloitte, JP Morgan Chase, Robert Half International and Revelwood. CFO Studio magazine promotes New Jersey, New York, Pennsylvania, and Connecticut area finance executives as business and strategy thought leaders.

Shammo spoke about the risks that fueled his professional success. “You can’t have success as a CFO without some failure,” he said, “because you can’t have success without taking risk.” He introduced members of the finance leadership team at Verizon and went on to speak about some of the bold moves he has supported at Verizon, including working to elevate finance to become a world-class organization, supporting innovation and investing capital in the business.

Shammo also spoke about the importance of recognizing talent and getting that talent on your team. “I know I’m not the smartest person in the room,” he said. “But as one of my mentors once said to me, you don’t have to be the smartest person in the room. You just have to be smart enough to recognize who are the smartest people in the room.”