Verizon Names Former PayPal Head Dan Schulman CEO

Hans Vestberg, who led the company since 2018, will stay on as an advisor for about a year.

Verizon Names Former PayPal Head Dan Schulman CEO
Photo of Verizon CEO Dan Schulman, head of PayPal at the time, in 2023 by Jose Luis Magana/AP

WASHINGTON, Oct. 6, 2025 – Former PayPal CEO Dan Schulman is now the top executive at Verizon, the company announced Monday.

Former CEO Hans Vestberg will stay on as a “special advisor” through Oct. 4, 2026 to help with the transition. He’s been with Verizon since 2017 and served as CEO since 2018.

Schulman has been on Verizon’s board since 2018 and has been its lead independent director since December 2024. He’s been in leadership roles at AT&T and T-Mobile and founded Virgin Mobile.

Member discussion

Popular Tags