https://wccftech.com/verizon-just-named-a-new-ceo-to-lead-the-charge-to-5g/

Verizon (NYSE:VZ) today announced that its current CEO, Lowell McAdam, 64, who has served as the company’s CEO since 2011 will be retiring. Hans Vestberg. 52, will succeed McAdam and is stepping up from his current role as Verizon CTO.

The industry veteran is a relative newcomer to Verizon – he joined just last year after 25 years at Ericcson where he ended his career as CEO. Interestingly Vestberg was forcibly ousted from Ericsson due to criticism he was slow to respond to market changes and lacked “strategic vision”.