Verizon says CEO Lowell McAdam will step down

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Hans E. Vestberg (left) will succeed Lowell C. McAdam as CEO of Verizon effective August 1, 2018.


Verizon

Verizon said on Friday that Lowell McAdam will leave his role as the company's chief executive in August, with Hans Vestberg chosen to take over.

McAdam will serve as the board's executive chairman until he retires at the end of the year.

This is a breaking story, updates will follow.












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