Join our daily newsletter At The Bell to receive exclusive market insightsAustralian shares are heading towards a modest rise this morning as New South Wales and Queensland rejoin trading after their public holiday yesterday, with ASX 200 futures pointing to a +0.07% gain heading to open.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The S&P 500 and Nasdaq composite both ran green on their first days in ...

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 ...

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 ...

Verizon Communications (VZ) named former PayPal (PPYL) Chief Executive Dan Schulman as the company's new CEO on Monday, sending Verizon stock into a skid.Schulman will replace Hans Vestberg, who has led the telecommunications giant since 2018. The appointment is effective immediately.Verizon credited Vestberg as the architect of the company's 5G network and strategy. Vestberg, in a statement, said it was "a good time to pass the baton to Dan."Dan Schulman: 'Critical Juncture'"Verizon is at a critical junctu ...

Verizon (VZ) is hoping its new boss can rewire its business. The telecom giant named former PayPal (PYPL) CEO Dan Schulman as its next chief executive on Monday, effective immediately. “The Board is thrilled to have Dan as Verizon’s next CEO, and embark on a new chapter of growth and sector leadership,” said Verizon board chair Mark Bertolini. “Dan is a seasoned and decisive leader with a unique set of experiences and a proven record of transformative leadership and operational excellence." Shares of Ve ...

Verizon Communications Inc. named former PayPal head Dan Schulman, who was serving as Independent Lead Director as the Chief Executive Officer of the company with immediate effect.“The Board is thrilled to have Dan as Verizon’s next CEO, and embark on a new chapter of growth and sector leadership,” said Verizon Board Chair Mark Bertolini in a statement issued on Monday, October 6.“Dan is a seasoned and decisive leader with a unique set of experiences and a proven record of transformative leadership and oper ...

Verizon appointed its independent lead director and former PayPal Holdings CEO Dan Schulman as CEO, effective immediately, saying he will lead the company’s “new chapter of growth.”By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional l ...

Verizon Communications is tapping the former CEO of PayPal to its top role, taking over the post from Hans Vestberg. Dan Schulman, who has served as a Verizon board member since 2018 and is its lead independent director, will become CEO of the New York company immediately. Vestberg will serve as a special adviser through Oct. 4, 2026. During that time, he will focus on the transition process, which includes the integration with Frontier Communications, which is expected to close in the first quarter of ne ...

Daniel Schulman is taking over as the carrier seeks to stop customers from switching to its rivals. ...

Dan Schulman, CEO, Paypal speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020.Verizon announced on Monday that the board of directors has appointed former PayPal CEO Dan Schulman as the company's new CEO.Schulman replaces Hans Vestberg, who led the company since 2018.Shares of the company rose slightly following the announcement.Verizon said Vestberg will remain on the board of directors until the 2026 annual meeting and will serve as a special advisor through Oct. 4, 2026, ensuring a ...