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Verizon CTO Hans Vestberg named CEO

Verizon CTO Hans Vestberg. Photo: Mandel Ngan/AFP via Getty Images

Verizon's chief technology officer, Hans Vestberg, has been named CEO, the company announced Friday. Vestberg joined the company last year after serving as CEO of network gear maker Ericsson.

What's next: Vestberg will take over on August 1, succeeding Lowell McAdam, who has been in the role since August 1, 2011. McAdam will remain executive chairman until the end of the year and then become non-executive chairman.

Go deeper

Rebecca Falconer
7 hours ago - Politics & Policy

In photos: D.C. and U.S. states on alert for pre-inauguration violence

National Guard troops stand behind security fencing with the dome of the U.S. Capitol Building behind them, on Jan. 16. Photo: Kent Nishimura / Los Angeles Times via Getty Images

Security has been stepped up in Washington, D.C., and state capitols across the U.S. as authorities brace for potential violence this weekend.

Driving the news: Following the Jan. 6 insurrection at the U.S. Capitol by some supporters of President Trump, the FBI has said there could be armed protests in D.C. and in all 50 state capitols in the run-up to President-elect Joe Biden's inauguration Wednesday.

See photos (<1 min. read)Arrow
Axios
15 hours ago - Politics & Policy

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

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Oriana Gonzalez
15 hours ago - Politics & Policy

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

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