Verizon taps former PayPal boss Dan Schulman to be CEO as telecom giant grapples with slowing growth
1. Verizon appointed Dan Schulman as CEO to navigate slow wireless growth. 2. Schulman aims to improve customer experience and drive better financial results. 3. Verizon shares fell 3% amid intensifying competition and subscriber growth issues. 4. Former CEO Vestberg significantly invested in 5G and acquisitions for future growth. 5. The appointment aligns with broader leadership changes in the telecom industry.