{"id":693333,"date":"2025-10-06T16:55:13","date_gmt":"2025-10-06T13:55:13","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/former-paypal-ceo-to-lead-verizon\/"},"modified":"2025-10-06T16:55:13","modified_gmt":"2025-10-06T13:55:13","slug":"former-paypal-ceo-to-lead-verizon","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/former-paypal-ceo-to-lead-verizon\/","title":{"rendered":"Former PayPal CEO to Lead Verizon"},"content":{"rendered":"
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\n\tVerizon Communications has named independent director and former PayPal Holdings chief Dan Schulman as its new CEO, replacing Hans Vestberg, who will stay on with the company through a transition.<\/p>\n

\n\tVestberg, who came to the CEO post in 2018, will serve as special advisor through Oct. 4, 2026 to in part integrate Frontier Communications, a deal expected to close in the first quarter of 2026. <\/p>\n

\n\t\u201cThe board is thrilled to have Dan as Verizon\u2019s next CEO, and embark on a new chapter of growth and sector leadership,\u201d Mark Bertolini, who becomes chair of the board of directors at Verizon, said in a statement. Verizon in Sept. 2024 announced a deal to acquire Frontier for $20 billion in cash to double down on its fiber broadband business.<\/p>\n

\n\tBertolini praised Vestberg for overseeing the development of the company\u2019s 5G mobile network. \u201cHaving created a network that is unmatched and with the upcoming close of the Frontier transaction, the board and Hans discussed that now is the right time for a CEO transition. On behalf of the entire board, we thank Hans for his outstanding service to all of Verizon\u2019s stakeholders,\u201d he added.<\/p>\n

\n\t\u201cVerizon is at a critical juncture. We have a clear opportunity to redefine our trajectory, by growing our market share across all segments of the market, while delivering meaningful growth in our key financial metrics,\u201d Schulman added in a statement on news<\/a> of his app<\/a>ointment, which is effective immedia<\/a>tely. <\/p>\n

\n\tOffering video TV packages to Verizon subscribers has also been a key role for Vestberg, as the telecom giant positions itself as a key distribution platform via broadband and mobile services for its Fios TV customers. That strategy has included shifting Verizon\u2019s video focus to partnerships with third-party streaming services, including Netflix, Disney+ and HBO Max. <\/p>\n

\n\tVerizon will report its third quarter 2025 earnings on Oct. 29. The company also reiterated its previous financial guidance for full-year 2025 on Monday. <\/p>\n<\/div>\n

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Verizon Communications has named independent director and former PayPal Holdings chief Dan Schulman as its new CEO, replacing Hans Vestberg, who will stay on with the company through a transition. Vestberg, who came to the CEO post in 2018, will serve as special advisor through Oct. 4, 2026 to in part integrate Frontier Communications, a…<\/p>\n","protected":false},"author":1,"featured_media":693334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2025\/10\/gettyimages-1258681738-594x594-1.jpg?crop=0px%2C16px%2C594px%2C333px&resize=1440%2C810","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[73394],"class_list":["post-693333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-verizon"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/693333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=693333"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/693333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/693334"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=693333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=693333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=693333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}