VERIZON COMMUNICATIONS INC (VZ)
Sector: Communication
Daniel Schulman
VERIZON COMMUNICATIONS INC - Executive Compensation
Daniel Schulman
Chief Executive Officer
Executive Compensation
Biography
Daniel Schulman serves as Chief Executive Officer of Verizon Communications Inc., guiding one of the world's largest telecommunications providers with a focus on 5G innovation, digital transformation, and customer-centric strategies. A seasoned executive with over three decades in technology, payments, and consumer services, Schulman earned a bachelor's degree in government from Dartmouth College and an MBA from New York University Stern School of Business. His career began in the tech sector, including roles at AT&T Wireless and as President of Motorola's wireless unit, before he took the helm as CEO of Virgin Mobile USA in 2000, where he revolutionized the prepaid mobile market, growing the company to serve millions of subscribers. Schulman's notable achievements include leading PayPal as President and CEO from 2014 to 2023, where he oversaw explosive growth to more than 400 million active accounts, pioneered mobile payments, and navigated major fintech disruptions like the COVID-19 pandemic. Prior to PayPal, he was Group President of the Consumer Segment at American Express, managing a portfolio generating billions in revenue through credit cards, travel services, and digital innovations. His expertise in scaling consumer-facing businesses and fostering partnerships has earned him recognition, including induction into the Mobile Marketing Association Hall of Fame. At Verizon, Schulman drives aggressive expansion of 5G networks, fixed wireless access, and edge computing solutions, while advancing sustainability goals and digital equity programs. Under his leadership, the company has strengthened its competitive edge through strategic investments in spectrum auctions, cloud infrastructure, and enterprise solutions, positioning Verizon to deliver seamless connectivity for the AI-driven future. Schulman's commitment to ethical leadership and innovation continues to shape Verizon's trajectory as a global communications powerhouse.