Verizon has a new CEO. Read Dan Schulman's first memo to employees

There's a new leader at Verizon — though he's not exactly a new face. On Monday, Verizon named Dan Schulman as its new CEO. Schulman served on Verizon's Board of Directors for seven years, starting in 2018. In December 2024, he was named Lead Independent Director.Schulman is taking over for Hans Vestberg, who has served as Verizon's CEO since 2018, the same year Schulman joined the board. In a memo to employees on his first day, Schulman thanked Vestberg for creating "an unmatched network and an innovative ...