Telecom leader turns to payments veteran to navigate competitive pressures, enhance customer experience, and drive financial performance. Verizon Communications on Monday announced a major leadership shift, naming former PayPal CEO Dan Schulman as its new chief executive officer. Schulman replaces Hans Vestberg in a strategic move aimed at steering the telecom giant through slowing growth in the US wireless market and rising competition from rivals. Schulman, 67, brings nearly a decade of experience leading PayPal, where he oversaw the company’s split from eBay and a surge in online transactions during the COVID-19 pandemic. Having served on Verizon’s board for seven … Continue reading Verizon Names Former PayPal CEO Dan Schulman to Lead Telecom Giant Amid Slowing Growth