Hans Vestberg to take over as Verizon’s CEO in August

Verizon today announced CEO Lowell McAdam is stepping down from his post as August 1, 2018, seven years to the day he took the spot. He will stay on as Executive Chairman of the Board through the end of 2018 and as Non-Executive Chairman thereafter.

Hans Vestberg, Executive Vice President and President of Global Networks and Chief Technology Officer, will take over as the Chief Executive of the telecom giant who also owns Oath and therefore TechCrunch.

McAdam has lead Verizon as its CEO since August 1, 2011 and Chairman on January 1, 2012.


from TechCrunch https://ift.tt/2Jpzlwk

Leave a Reply

Your email address will not be published. Required fields are marked *