Verizon names former PayPal boss Dan Schulman as CEO
Verizon(US:VZ) Yahoo Financeยท2025-10-06 12:34(Reuters) -Verizon Communications on Monday named former PayPal boss Dan Schulman as its new CEO, replacing Hans Vestberg in a leadership transition aimed at steering the telecom giant through slowing growth in the wireless market. The move comes at a time when Verizon is battling rising competition against the backdrop of slowing subscriber growth and cautious consumers unwilling to buy premium plans offered by wireless carriers. Vestberg, who took the helm in 2018, will remain with the company as a spe ...