News & Announcements — Corporate

Congratulating Dan Schulman: Lead Independent Director of Lazard Appointed CEO of Verizon

October 06, 2025

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On October 6, 2026, Lazard’s Lead Independent Director Dan Schulman was appointed CEO of Verizon.

We would like to congratulate Dan on his appointment. As Lazard CEO and Chairman Peter Orszag shared, “Dan is a proven strategic force for innovation, and we are excited to see Verizon’s future shaped by his vision. Dan typifies the talent we have attracted to the Board of Lazard, and we are grateful that he will continue to serve as our Lead Independent Director. We look forward to Verizon’s next chapter under his leadership.” 

Dan joined Lazard’s board on February 1, 2024 after serving as CEO of PayPal, where he led its transformation to revolutionize how people move and manage money. Dan then became Lead Independent Director of Lazard’s Board on January 1, 2025.

An accomplished executive and board member, Dan’s prior management roles include Group President at American Express, President at Sprint Nextel Corporation, founding CEO of Virgin Mobile USA, and President and CEO of Priceline Group. He also spent 18 years at AT&T, where he held a series of positions including President of the Consumer Markets Division. 

You can read the press release announcing his appointment to Verizon’s CEO here: https://www.verizon.com/about/news/verizon-announces-ceo-transition


About Lazard

Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.