Reported 3 days ago
Verizon Communications has appointed Dan Schulman, the former CEO of PayPal, as its new CEO, succeeding Hans Vestberg amid challenges in the wireless market characterized by slowing subscriber growth and increasing competition. Schulman, who led PayPal for almost a decade, will aim to enhance Verizon's position as it navigates through these industry changes. Vestberg will continue with the company as a special adviser until October 2026.
Source: YAHOO