The board extended the old man to December of 2028 Verizon is sc--wed
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I guess headcount will be under 40k by the time he is done and there won't be any corporate owned stores or customer service. Such a shame.
@ap Net income (down 22.9% to $3.9B) / EPS (down 22.0% to $0.92) — this is the bottom-line GAAP figure, and it got hit by $1.8 billion of pre-tax special items, including $746M loss on disposition, $258M asset rationalization and $397M severance. Those are one-time, below-the-line charges — not signs the core business deteriorated.
Sinking Ship
they did the same for hans, except they took 3 years to find his replacement when his contract ended
Another big mistake on VZ. Clearly they still don't have a clue.
Oh no, more kitschy AI generated poems for his wife. Didn't the id--t say at the beginning that he almost begged his wife and promised her he is reretiring at the end of 2027?
Also love how he nonchalantly glanced over on the earnings call that the net income was -22% YoY
Verizon extended CEO Dan Schulman's contract through December 31, 2028, pushing his tenure one year past his original end date. New End Date: December 31, 2028 (extended by one year from 2027). Post-2028 Terms: Subject to annual one-year extensions unless either party gives 90 days' notice. Incentives: Includes a long-term incentive award target of at least $25 million granted in early 202
@OP you beclown yourself with this post, given 3 consecutive quarters of performance
YOU BETCHA