Reported 2 days ago
Verizon Communications has appointed Dan Schulman, the former CEO of PayPal, as its new chief executive officer, succeeding Hans Vestberg. This leadership change aims to navigate Verizon through a challenging wireless market with slowing growth and rising competition. Schulman, who has been on Verizon's board for seven years, emphasized the importance of customer experience and aims to improve financial performance. Vestberg will continue with the company as a special advisor until 2026.
Source: YAHOO