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After seeing wireless subscriptions decline while it’s raised rates and fees on its services, Verizon is responding–by changing CEOs.
The New York firm announced Monday that its board had named its former lead independent director, Dan Schulman, as its new CEO, replacing Hans Vestberg in that role.
Schulman, who worked as PayPal’s chief executive from 2015 to 2023, starts immediately, while Vestberg will move to a “Special Advisor” role through Oct. 4, 2026, focused on…
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After seeing wireless subscriptions decline while it’s raised rates and fees on its services, Verizon is responding–by changing CEOs.
The New York firm announced Monday that its board had named its former lead independent director, Dan Schulman, as its new CEO, replacing Hans Vestberg in that role.
Schulman, who worked as PayPal’s chief executive from 2015 to 2023, starts immediately, while Vestberg will move to a “Special Advisor” role through Oct. 4, 2026, focused on…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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