After Lowell McAdam’s exit, Hans Vestberg has been appointed as the CEO of one of the largest American telecommunications conglomerate Verizon Communications Inc. (also called Verizon). His duties as CEO starts 1 August 2018. Hans is a Swedish businessman. He has worked for Ericsson for a long time prior to joining Verizon in 2017. In the company, he held different senior positions working for its divisions around the globe. As Verizon CEO, Hans will mainly focus on its communications networks business leading the transition to 5G networks.
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Verizon Competitors
Some of the major rivals of the American telecommunications conglomerate include:
Salary & Net Worth – Investors, Funding, & Valuation
The new CEO Vestberg is expected to get a base salary of 1,500,000 USD along with performance stock units (PSUs). His net worth will be shared later on.
For information about Verizon’s funding, investors, and valuation, you will need to wait for a while.
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Career & Education – Company, University, & College
Before he was announced the boss of Verizon, Hans served the company as CTO and Executive VP of the new Network and Technology since 2017. Prior to that, he was at Ericsson. He joined Ericsson Cables in Hudiksvall in 1991 and went on to serve senior roles in China, Brazil, Chile, and Sweden. From 2010 to 2016, he operated as Ericsson CEO and President. Between 2007 and 2009, he was the CFO of the company. In 2002, he was made President of Ericsson Mexico. Before that, from 2000 to 2002, he joined Ericsson North America as CFO. From 1998 to 2000, he served Ericsson Brazil as CFO.
In 1991, he earned a degree in Business Administration from the Uppsala University, Sweden.
Contact Hans Vestberg – Email Address | Twitter | LinkedIn
Verizon Communications CEO Hans has a LinkedIn profile here: https://www.linkedin.com/in/hansvestberg. An active user on Twitter, his Twitter handle is @HansVestberg. For his email ID, you will have to wait for a while.
Wiki Trivia on Hans Vestberg – Age, Wife, Family, & More
Verizon CEO Hans (age 53) was born in Hudiksvall, Sweden on June 23, 1965. It is said that no matter where in the world he is, he makes sure to reach home by 6pm on Fridays to spend time with his wife and two children. He turns off his mobile phone and other devices. He and his wife are fitness enthusiasts.
As an aside, during his stint at Ericsson, he was named among the top 20 favorite bosses of America by Forbes.
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