Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
CNBCยท2025-10-06 12:46Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company's new CEO.Schulman replaces Hans Vestberg, who led the company since 2018.Shares of the company rose slightly following the announcement.Verizon said Vestberg will remain on the board of directors until the 2026 annual meeting and will serve as a special advisor through Oct. 4, 2026, ensuring a ...