Verizon names a PayPal veteran its next CEO. Can that help its lagging stock?
1. Dan Schulman was appointed CEO of Verizon, replacing Hans Vestberg. 2. Verizon struggles against competitors like AT&T and T-Mobile in 5G. 3. Schulman previously led PayPal and has telecom experience. 4. Verizon shares are down 26% over five years, underperforming the S&P 500. 5. Schulman aims to redefine Verizon's trajectory and improve financial metrics.