C
Chris Mills
Guest
View attachment 20601
Verizon CEO Lowell McAdam will be stepping down from his role in the company on August 1st, 2018, after exactly seven years at the helm of the company. He will stay on as Executive Chairman of the Board until the end of the year, and then take a position as non-executive chairman afterwards.
He is being replaced as CEO by current Verizon CTA Hans Vestberg, who has been at Verizon for just a year. Before that, he was the CEO of Ericsson, the Swedish telecommunications company that used to make smartphones in partnership with Sony. Although Vestberg didn't have the greatest success in turning around Ericsson, his task at Verizon will be to oversee the company's transition to 5G, and his time as CTO at Verizon and CEO of a networking infrastructure company should be key to that.
Continue reading...
BGR Top Deals:
Trending Right Now:
Verizon CEO Lowell McAdam is stepping down this summer originally appeared on BGR.com on Sun, 10 Jun 2018 at 15:43:41 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report
Verizon CEO Lowell McAdam will be stepping down from his role in the company on August 1st, 2018, after exactly seven years at the helm of the company. He will stay on as Executive Chairman of the Board until the end of the year, and then take a position as non-executive chairman afterwards.
He is being replaced as CEO by current Verizon CTA Hans Vestberg, who has been at Verizon for just a year. Before that, he was the CEO of Ericsson, the Swedish telecommunications company that used to make smartphones in partnership with Sony. Although Vestberg didn't have the greatest success in turning around Ericsson, his task at Verizon will be to oversee the company's transition to 5G, and his time as CTO at Verizon and CEO of a networking infrastructure company should be key to that.
Continue reading...
BGR Top Deals:
- The Instant Pot everyone goes crazy for is on sale at its lowest price ever, today only
- Surprise sale slashes prices on Amazon’s Fire TV Stick and 4K Fire TV
Trending Right Now:
- E3 2018 schedule: Press conference dates, start times, live streams, and what to expect
- Xbox Insiders will soon be able to ‘skip ahead’ to features months before they launch
- The FCC has officially banned phone companies’ worst trick
Verizon CEO Lowell McAdam is stepping down this summer originally appeared on BGR.com on Sun, 10 Jun 2018 at 15:43:41 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report