Afiniti Names Larry Babbio as New CEO

Afiniti Appoints Former President of Verizon Larry Babbio as CEO

WASHINGTON, DC – December 16, 2021 – The
Board of Directors of Afiniti Ltd. (“Afiniti”) announced that it has appointed Larry Babbio as
Afiniti’s next Chief Executive Officer. Mr. Babbio will also continue his role
as Chair of the Board of Directors of Afiniti.

Mr. Babbio, former Vice Chair and President of Verizon Communications, Inc., brings
strong technology industry experience and global executive leadership to
Afiniti. He has served on Afiniti’s Board of Directors since 2016, and was
appointed Chair of the Board of Directors of Afiniti in November 2021.

“Afiniti is a company made up of dedicated and talented people, who have together
created a truly powerful technology,” Mr. Babbio said. “We have a bright
future, and to reach our full potential, we must continue building a supportive
workplace that enables all of our employees to thrive — while delivering
outstanding service to our clients.”

Reference: Afiniti

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