Who is the new CEO of Verizon?
Dan Schulman, former CEO of PayPal.
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Business / Executive Leadership
Verizon Appoints Dan Schulman as CEO
Verizon has appointed Dan Schulman, former CEO of PayPal, as its new CEO, effective immediately. He replaces Hans Vestberg, who had led the company since 2018. The announcement was made on Monday, October 6, 2025.
Key Insights
- Dan Schulman, former PayPal CEO, is the new CEO of Verizon.
- Schulman replaces Hans Vestberg, who will remain on the board as a special advisor.
- Mark Bertolini has been named chairman of the board.
- Verizon has reiterated its financial guidance for the full year 2025.
In-Depth Analysis
Verizon's appointment of Dan Schulman marks a significant transition in the company's leadership. Vestberg's tenure saw Verizon focusing on network expansion and 5G deployment. Schulman's background in digital payments and technology could indicate a renewed emphasis on innovation and customer-centric services. The transition appears smooth, with Vestberg staying on as an advisor to facilitate the handover and oversee the Frontier Communications acquisition. Mark Bertolini taking over as chairman further solidifies the new direction.
FAQ
What will Hans Vestberg do?
Vestberg will remain on the board of directors and serve as a special advisor.
Who is the new chairman of the board?
Mark Bertolini.
Takeaways
- Verizon has a new CEO, Dan Schulman, effective immediately.
- The leadership change could mean new strategic directions for the company.
- Vestberg will help with the transition.
Discussion
What changes do you anticipate under Dan Schulman's leadership? Share your thoughts in the comments!
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Sources
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