Verizon Communications Inc. named Dan Schulman as chief executive officer, replacing Hans Vestberg as the company faces fierce competition for subscribers in a tight market.
Vestberg, who has served as CEO since 2018, will stay on through Oct. 4, 2026, to help ensure a smooth transition in leadership, including the integration with Frontier Communications, the company said in a surprise announcement on Monday. Bloomberg’s John Butler reports. (Source: Bloomberg)
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Verizon Names Dan Schulman CEO Replacing Hans Vestberg
