Good morning. After I met many leaders, I found two characteristics that distinguish those who broke down: curiosity and courage to make bold decisions. They are looking for opportunities to learn and have a sense of the message in what they do. The two people who come to my mind are two former Paypal CEO Dan Shuelman and Oscar health CEO Mark Bertolini, both of whom now have new roles in Verizon.
Shuelman yesterday became the new CEO of Verizon, while Bertolini was elected chairman. Former CEO Hans Vestyburg will remain as a special advisor to focus on integrating the acquisition of $ 20 billion Border communications. One of the former colleagues, Dennis Leonard (who is now the CEO of Zelle), Choelman credits By creating a culture of fun and common task that enabled PayPal to change. I think Dan is the leader who will stop to participate in the debate in the streets of Davos, and who is likely to be found as he asks questions to the audience as much as he shares ideas from the stage. Although he was famous for his 9 -year -old achievements as a PayPal CEO, he comes to Verizon with the experience of being the founding CEO of PayPal. Virgin Mobile and work in it for nearly two decades AT & T..
I met Bertolini for the first time when he was the CEO of the company EtnaWhere he was a pioneer in using digital sanitary ware and raising the minimum wage by 33%. In more than two years as CEO of a company Oscar healthHe has led a strong growth in the membership, the price of the arrow and the net promotion and revenue points, although the profits are not yet achieved. After spent the first ten weeks of his work with a different team every day, he told the co -founder Josh Kushner: “I broke everything here that was broken in the Oscar at least twice myself in my career. I can enter and say:” You are doing this, you are doing this, “but I don’t think I was going to get a lot of support.”
I remember Brtolini because there is another basic condition for success in the higher job: a strong relationship with the board of directors – something that Shuelman undoubtedly appreciated it because he worked on the board of directors of Verizon since 2018. Verizon decreased by 5 % yesterday, while other telecommunications rival also decreased. This may indicate that investors are concerned about the sudden shift of leadership, or are concerned about the challenges of the upcoming industry. It definitely shows that they want a strong and coherent vision to win Verizon from here.
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CEO Daily has been collected and edited by the Air Abrams and Jim Edwards.
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