Verizon chairman Mark Bertolini says the board 'needed to act' to revive company
1. Verizon's new CEO aims to reverse share losses from previous leadership. 2. The company has dropped from first to third in market metrics. 3. Schulman plans to evaluate cost structures for company success. 4. There may be a significant turnaround plan revealed soon. 5. Bertolini stresses value over price competition in offerings.