Oct 6th, 2025

Verizon Names Dan Schulman CEO Replacing Hans Vestberg

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.