'Verizon Seeking To Improve Business Performance, Deepen Successor Options; Working With Recruiters On A 'CFO Plus' Search To Evaluate Outsiders; Narrowing Search For Finance Chief Who Could Be Potential CEO, Sources Say' - WSJ
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Verizon is reportedly working with recruiters to search for a 'CFO Plus' candidate who could potentially become the company's next CEO. The company aims to improve business performance and deepen its successor options.
June 12, 2023 | 3:44 pm
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Verizon is searching for a 'CFO Plus' candidate who could potentially become the next CEO, aiming to improve business performance and deepen successor options.
The news indicates that Verizon is actively working on succession planning and improving its business performance. While this is important for the company's long-term stability, it may not have a significant short-term impact on the stock price. However, the announcement of a new CFO or potential CEO could create some short-term fluctuations.
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