Verizon names former PayPal boss Dan Schulman as new CEO

Verizon has announced it has appointed Dan Schulman, the former CEO of PayPal, to be its chief executive officer. The transition is taking place immediately, according to an Oct. 6 news release from the company. Schulman is replacing Hans Vestberg, who has led the company since 2018. Vestberg is known for creating the company’s 5G network strategy. PayPal CEO Dan Schulman has been appointed the CEO of Verizon, replacing Hans Vestberg. The former CEO will continue at the company as a special adviser thro ...