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Sara Baxter '90

CFO, SubCom

Sara Baxter '90

Sara Baxter is a senior operating executive and CFO known for driving growth, transformation, and innovation across multi-billion dollar, technology-based businesses. She currently serves as CFO of SubCom, the global leader in subsea cable networks. Previously, she held executive finance leadership roles at Verizon Communications, including CFO of the Verizon Business Group, where she oversaw $30B+ in revenue.

Earlier in her career, Sara pioneered strategic initiatives at Verizon, including launching the industry’s first wireless device-based Asset-Backed Securities program and integrating the $26B Alltel acquisition. Sara has helped structure and close multi-billion-dollar commercial and content deals, led major business integrations, and partnered with engineering teams to deliver patented wireless data service innovations. A champion of inclusive leadership, she launched Verizon’s first women’s finance leadership development program. Sara has been a featured speaker at the New York Stock Exchange and Harvard’s CFO of the Future Summit.

A dedicated alumna, Sara earned her B.A. in Economics in 1990 from UC San Diego and her MBA with an emphasis in accounting from National University. She earned her CPA in New Jersey. Sara was appointed to the UC San Diego Board of Trustees in 2025.