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Verizon CEO Dan Schulman returns from retirement to lead turnaround

By PulseAugur Editorial · [1 sources] ·

Dan Schulman, former CEO of PayPal, reluctantly returned to the corporate world to lead Verizon after initially declining the offer multiple times. He was enjoying retirement on his Montana ranch but felt an obligation to address Verizon's declining market share and bureaucratic issues. Since taking over in October 2025, Schulman has initiated a three-year turnaround plan, which included significant job cuts, and is now optimistic about the company's future. AI

RANK_REASON CEO transition from retirement to lead a major company turnaround. [lever_c_demoted from significant: ic=1 ai=0.1]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Verizon CEO Dan Schulman returns from retirement to lead turnaround

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CEO transition from retirement to lead a major company turnaround. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Tatiana Sataua ·

    Verizon’s CEO turned down the job several times before leaving retirement on his ranch: ‘I came in with a little bit of a bad attitude’

    Dan Schulman was happy tending cattle in Montana. But Verizon's struggles and a push from his wife convinced him to return to the corner office.

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