Verizon names former PayPal head Dan Schulman as new CEO
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Verizon announced on Monday that former PayPal executive Dan Schulman will take over as CEO, succeeding Hans Vestberg.
Vestberg will serve as a special adviser to the company through October 4 next year, Verizon said, News.Az reports, citing Reuters.
Verizon's shares were up 1.3% in premarket trading.
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