Verizon looks for candidates to succeed CEO Hans Vestberg

Verizon Communications is looking for potential candidates to succeed CEO Hans Vestberg, the Wall Street Journal reported.
Verizon CEO Hans Vestberg
Hans Vestberg is chairman and chief executive officer of Verizon, the world’s largest wireless, fiber-optic and global information networks and services company.

In 2017, Hans Vestberg served as Verizon’s chief technology officer and president of Global Networks, responsible for developing the architecture for Verizon’s fiber-centric networks. Hans Vestberg was appointed CEO in August 2018 and Chairman of Verizon’s Board of Directors in March 2019.

Before joining Verizon, Hans Vestberg served for six years as president and CEO of Ericsson, a global leader in networking and telecommunications equipment business headquartered in Sweden.

Verizon reshuffled its senior leadership roles in March and appointed Tony Skiadas to replace former Chief Financial Officer Matt Ellis while naming Sowmyanarayan Sampath as the CEO of Verizon Consumer Group.

Verizon Communications is working with executive recruiting and advisory firm Spencer Stuart to look for the CEO and CFO.