"Schulman started on Monday. Here's the full memo he wrote to employees on his first day: Today I have the honor of being appointed as Verizon's CEO, and I could not be more excited.I've had the privilege of working alongside Hans during my seven years on the Verizon Board, and I watched him create an unmatched network and an innovative culture. Hans has executed transformational investments that have set Verizon up for"
"Schulman is likely most known for his work at PayPal, where he served as CEO from 2015 to 2023. He was PayPal's first CEO after it was spun off from eBay. Under Schulman's leadership, PayPal tripled revenue from $8 billion to $30 billion. In his memo, Schulman wrote that the "energy and potential" at Verizon reminded him of his time at PayPal. Schulman has also held senior leadership positions at Priceline.com and American Express."
Dan Schulman was appointed CEO of Verizon, replacing Hans Vestberg. Schulman served on Verizon's board for seven years and was named Lead Independent Director in December 2024. Schulman has 25 years in telecommunications, including roles as CEO of Virgin Mobile, president of AT&T's consumer division, and leader of Sprint Nextel's prepaid group. Schulman served as PayPal CEO from 2015 to 2023, during which PayPal's revenue grew from $8 billion to $30 billion. Schulman thanked Vestberg for creating an unmatched network and innovative culture and described Verizon's energy and potential as reminiscent of his time at PayPal. Schulman started on Monday.
Read at Business Insider
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