Verizon Taps PayPal’s Schulman as New CEO
Verizon shakes up the C-suite — Dan Schulman, the longtime PayPal chief, is stepping in as CEO effective immediately, replacing Hans Vestberg. It’s a surprise move tied to Verizon’s integration with Frontier Communications. Bloomberg Intelligence Senior Telecoms Analyst John Butler joined Bloomberg Open Interest to break down what this leadership switch means for the company’s turnaround. (Source: Bloomberg)
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