Dan Schulman, former CEO of PayPal, speaks at the Viva Technology event dedicated to start-up development, innovation and digital technology, in Paris, on June 16, 2017. Geoffroy Van Der Hasselt/AFP via Getty Images
Verizon Communications has appointed Dan Schulman, the former chief executive of PayPal Holdings, as its new CEO, the company said in a statement on Oct. 6.
Schulman succeeds Hans Vestberg, who will remain at Verizon Communications in an advisory role during a two-year transition period.
