Verizon

Verizon's CEO Pick Signals Growing Focus On 5G, Not Content

9 days ago   |   By Android Headlines

Verizon on Friday announced that its CEO of seven years Lowell McAdam will be stepping down in August to be replaced by Hans Vestberg , a 52-year-old industry veteran from Sweden whose specialties and experience are a far cry from what the firm's biggest rival AT&T is presently focusing on. Mr. Vestberg served as CEO of Stockholm-based telecom giant Ericsson from 2009 to 2016, having joined Verizon in April of the following year as its CTO. Mr. Vestberg is understood to have been the top candidate for the CEO position alongside Verizon's global operations chief John Stratton, with his win...
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