Verizon Consumer Group CEO Manon Brouillette (pictured) stepped down from her role after less than a year in charge, with Hans Vestberg adding the role to his existing portfolio of responsibilities.
The executive previously worked for Canadian player Videotron.
Vestberg, who is chairman and CEO of Verizon Communications, stated his immediate priority for the consumer unit was “driving a closer consistency between the top quality network product we’re bringing to market and the operational results we’re producing”.
Operating revenue at the consumer unit grew 10.8 per cent year-on-year to $25.8 billion in Q3, though a 17.5 per cent rise in expenses resulted in a 3.2 per cent drop in operating income to $7.3 billion.
The division was formed in 2019 and covers Verizon’s fixed and wireless consumer-facing services.Subscribe to our daily newsletter Back