Verizon Appoints Dan Schulman as New CEO
TL;DR Summary
Verizon has appointed former PayPal CEO Dan Schulman as its new CEO, replacing Hans Vestberg, who will remain on the board until 2026. Schulman, known for significantly growing PayPal, aims to lead Verizon through a phase of growth and sector leadership, while the company continues its acquisition of Frontier Communications to expand its broadband network. Shares dipped slightly following the announcement.
- Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg CNBC
- Verizon Bets on PayPal’s Former Chief to Lead Its Next Chapter The New York Times
- Verizon Names Dan Schulman CEO Replacing Hans Vestberg (VZ) Bloomberg.com
- Verizon Names Lead Director Daniel Schulman as Chief Executive The Wall Street Journal
- Verizon Announces CEO Transition Yahoo Finance
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