The Wayback Machine - https://web.archive.org/web/20230303124442/https://www.wsj.com/articles/verizon-shakes-up-executive-team-after-tough-year-f28cbbc3

Verizon Shakes Up Executive Team After Tough Year

Wireless carrier names new chief of consumer group and says finance chief is exiting

Verizon remains the largest U.S. cellphone carrier in terms of subscribers, but it has ceded ground over the past couple of years. Photo: Victor J. Blue/Bloomberg News

Verizon Communications Inc. said its finance chief is leaving and named a new head of its consumer business, a management shuffle that sets up a contest to succeed Chief Executive Officer Hans Vestberg.

The shake-up comes as Verizon’s consumer group, its largest division, has struggled to hang on to its core subscriber base in competition from rivals AT&T Inc. and T-Mobile US Inc. 

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