Verizon has picked former PayPal head Dan Schulman to serve as its new CEO as the company enters its “next phase” of growth, Verizon board chair Mark Bertolini says in the Monday announcement. Starting today, Schulman will replace outgoing CEO Hans Vestberg, who will now serve as a special advisor through October 4th, 2026.
After working in executive positions across AT&T, Priceline, Virgin Mobile, and American Express, Schulman was appointed CEO of PayPal in 2014 following the…
