Verizon shakeup: Hans Vestberg out, new CEO Dan Schulman runs a ranch and wears cowboy boots

Core Insights - Verizon's current CEO, Hans Vestberg, is stepping down, indicating a significant leadership change within the company [1] - The company is bringing in a seasoned leader from retirement to take over the CEO position, suggesting a strategic move to leverage experienced leadership during a transitional period [1] Company Summary - The announcement of Hans Vestberg's departure marks a pivotal moment for Verizon, reflecting potential shifts in company strategy and direction [1] - The decision to appoint a retired leader indicates Verizon's focus on stability and experience in its leadership during a time of change [1]