I confirm that set the following to /etc/default/grub fixed the problem:
GRUB_CMDLINE_LINUX_DEFAULT="net.ifnames=1 biosdevname=0"
followed by
sudo update-grub
and setup the naming in
/etc/udev/rules.d/70-persistent-net.rules

Before:
# lshw -businfo -C network
Bus info          Device     Class      Description
===================================================
pci@0000:03:00.0  em1        network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:03:00.1  em2        network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:04:00.0  em3        network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:04:00.1  rename5    network    NetXtreme II BCM5709 Gigabit Ethernet

After:
#  lshw -businfo -C network
Bus info          Device  Class      Description
================================================
pci@0000:03:00.0  em1     network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:03:00.1  em2     network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:04:00.0  em3     network    NetXtreme II BCM5709 Gigabit Ethernet
pci@0000:04:00.1  em4     network    NetXtreme II BCM5709 Gigabit Ethernet

For those wondering about the change in interface naming:
http://www.freedesktop.org/wiki/Software/systemd/PredictableNetworkInterfaceNames/

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https://bugs.launchpad.net/bugs/1284043

Title:
  udev renaming the same hardware network i/f to different name, breaks
  networking and firewall

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