Former PayPal CEO Dan Schulman was announced as Verizon’s new chief executive on Oct. 6, 2025.

Verizon on Monday named former PayPal CEO Dan Schulman as the company's new CEO, effective immediately and replacing Hans Vestberg.

Schulman served as PayPal’s CEO for almost a decade.

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Former PayPal CEO Dan Schulman was announced as Verizon’s new chief executive on Oct. 6, 2025.