<div id="readability-page-1"><div> By Emily Bary Verizon once was widely viewed as having the best wireless network, but that's now up in the air. New CEO Dan Schulman sees 'a clear opportunity to redefine our trajectory.' Dan Schulman, formerly the CEO of PayPal, is taking the helm at Verizon after years of underperformance in its stock. Verizon Communications Inc. just made a surprise change at chief executive, but Wall Street so far isn't impressed by the move. The telecommunications company named Dan Schulman, the former CEO of PayPal (PYPL), to be its next leader. He's replacing Hans Vestberg, who served as Verizon's CEO since 2018, with the change effective immediately. Schulman is no stranger to Verizon (VZ), having been a lead independent director on the company's board since 2018. Shares of Verizon are down 3% in morning action Monday. &#34;We are surprised by the timing of the CEO transition and are asking what questions or challenges Verizon may be looking to address,&#34; Citi Research analyst Michael Rollins said in a note to clients. &#34;Based on our conversation with the IR team, the change could be designed to refocus Verizon on improving operational performance underneath the expanding asset portfolio with the pending acquisition of Frontier and a positive bias to invest in broadband.&#34; In a release, Verizon cheered Schulman's &#34;unique combination of financial and operational leadership experience with large public companies, and deep expertise in the telecommunications, technology and financial sectors.&#34; While he's best known for occupying the top spot at PayPal from 2014 to 2023, Schulman does have telecommunications experience on his résumé, as he previously led the consumer division at AT&amp;T Inc. (T) and was CEO at Virgin Mobile. He assumes the top spot at Verizon at a time when the company has been struggling to maintain its competitive position in the industry. Verizon was once seen as having the best network, and that resonated with customers. But as rivals AT&amp;T and T-Mobile US Inc. (TMUS) have stepped up their network investments and embraced the 5G era, the market has gotten more competitive. &#34;It's much harder to say what Verizon's strategy is today,&#34; MoffettNathanson analyst Craig Moffett said in a note to clients after the company's last earnings report. &#34;Verizon certainly wouldn't concede that their network is no longer 'the best,' but most observers in wireless, now including network tester Ookla, give that title to T-Mobile.&#34; Verizon shares are down 26% over the past five years, as the S&amp;P 500 SPX has risen 93%, and they're trading at a notable discount to AT&amp;T shares. Under Vestberg's tenure, the stock lost about 16% as the S&amp;P 500 rose 139%. AT&amp;T's stock has lagged the broad market as well over that span, but it's outperformed Verizon's by showing a 12% gain. &#34;We have a clear opportunity to redefine our trajectory, by growing our market share across all segments of the market, while delivering meaningful growth in our key financial metrics,&#34; Schulman said in a release. &#34;We are going to maximize our value propositions, reduce our cost to serve, and optimize our capital allocation to delight our customers and deliver sustainable long-term growth for our shareholders.&#34; Citi's Rollins kept his buy rating on Verizon's stock, writing that &#34;shares could trade lower near-term as the market may continue to question the unexpected timing and speed at which the change was made, although we also believe the market would like to see Verizon deliver enhanced operating performance and capital allocation.&#34; Schulman built PayPal into a powerhouse following the company's 2015 separation from eBay Inc. (EBAY) At one point during the pandemic, the company was actually worth more than Mastercard Inc. (MA) - a sign of PayPal's perceived might in the world of payments and e-commerce. But PayPal fell out of favor with investors toward the end of Schulman's run at PayPal, with some critiquing the company's slower pace of innovation and its struggles to keep pace as Apple Pay and other online payment types became more prevalent. -Emily Bary This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. <pre></pre> (END) Dow Jones Newswires 10-06-25 1104ETCopyright (c) 2025 Dow Jones &amp; Company, Inc.</div></div>

威瑞森

威瑞森已任命前 PayPal 首席执行官 Dan Schulman 为新任首席执行官，接替 Hans Vestberg。此变动发生在威瑞森在竞争激烈的电信市场中面临困境之际，公告后股价下跌了 3%。分析师对这一时机表示惊讶，并质疑威瑞森希望解决的挑战。Schulman 在电信和金融领域都有经验，旨在重新定义威瑞森的发展轨迹并改善运营表现。尽管领导层发生了变动，威瑞森的股票表现仍不及竞争对手，这引发了对其战略方向的担忧

威瑞森任命了一位 PayPal 的资深人士为其下一任首席执行官。这能帮助其改善滞后的股价吗？