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Verizon I announce this today CEO Hans Vestberg It will be replaced “Informed immediately” by the former CEO of Paypal and veteran in communications for a long time, Dan Shuelman.
The role of the new Vestberg will be a special consultant until October 4, 2026, and during that time it will focus on ensuring a smooth transition, including integration with Frontier Communications “, expected in the first quarter of 2026, according to Verizon. It will remain in the board of directors until its next annual meeting, most likely to happen in May 2026. At the same time, Verizon Mark Bertolini was appointed by the new chairman of the board of directors.
Shuelman has been on the Verizon Board since 2018. His last participation was PayPal CEO from 2014 to 2023. AT & TVirgin Mobile and Sprint Nextel.
This change in leadership is the second main wireless CEO in two weeks. T-Mobile appointed the former CEO of Operations Sirini Joballan The new CEO on September 22, takes over Mike Severt. However, Siteert is still the CEO until November 1, when Gopalan takes over the role. Sitert will continue with T-Mobile As deputy chairman and served in its board of directors.
It is not clear why Verizon is this sudden step now, after the end of the third fiscal quarter of 2025 and three weeks before the company’s profits are issued. Vestberg has not been transferred in the press statement, which is announced, leaving the newly named Boartolini, the traditional mission of praising the outgoing executive authority in the announcement.
Verizon did not respond to the comment.
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The former CEO of Verizon Hans Vestberg in CES in 2022.
In June, I spoke with Soyanarane SambathCEO of Verizon Group for consumers (which appears to be the expected alternative to the upper role), about the new Gemini Customer Service initiative based on artificial intelligence. I asked him about the first quarter of 2025, when the company is It has approximately 300,000 wireless customersAnd the oscillation to the “season of work”.
in The second quarter of 2025Verizon seems to balance these numbers, but in different regions. It has lost 51,000 wireless wireless customers, added 50,000 paid wireless customers and 278,000 bold customers.
“The year 2025 is formed to be a strange year from the epic side of the wireless industry with the customs tariffs, government discounts, the Ayoui labor market, and the general economic feeling,” said Jason Lee, 5G Research and Mobility Research at IDC.
Verizon is also located in the middle of obtaining Frontier Communications, which is expected to be closed in the first quarter of 2026. Federal Communications Committee Agree to the purchase In May 2025, but only after Verizon agreed to end its diversity programs, property and integration rights (Dei).
The Shuleman has registered in defending the policies that the Trump administration does not prefer, for example, at PayPal in 2016 Stop expanding the planned in North Carolina After the state approved a law, it is asked to make government buildings only make mono -sex. In 2020, it is Talk to CNET After George Floyd was killed by the police.
Speaking to me that Verizon can be the first building blocks towards developing 6G technologies. “Everyone is still looking for this transformative strategy that will realize the innovative and financial promise of billions invested in 5G, adding, before the violator goes to the wallet to start financing 6G publishing operations,” he said.