Verizon names a PayPal veteran its next CEO. Can that help its lagging stock?

Core Insights - Verizon's reputation as having the best wireless network is now uncertain, indicating a shift in competitive dynamics within the industry [1] - New CEO Dan Schulman identifies a significant opportunity to redefine the company's trajectory, suggesting potential strategic changes ahead [1] Company Overview - The leadership change with Dan Schulman as the new CEO may lead to a reevaluation of Verizon's market position and strategies [1] - The statement reflects a proactive approach to address current challenges and capitalize on emerging opportunities in the wireless sector [1]