MARKET PULSE Zoom Video Communications Inc. (ZM) has fired its president, Greg Tomb, “without cause” less than a year after the former Google (GOOGL) (GOOG) executive started at Zoom. The abrupt dismissal sent shares of the video-conferencing software company down as much as 2% in premarket trading before they rallied. Read More...
The Wall Street Journal
Verizon Shakes Up Executive Team After Tough Year
Verizon Communications said its finance chief is leaving and named a new head of its consumer business, a management shuffle that sets up a contest to succeed Chief Executive Officer Hans Vestberg. Mr. Vestberg, 57, last year succeeded Verizon’s consumer chief and took the segment over himself. Now, Sowmyanarayan Sampath, the current head of Verizon’s business-focused unit and a longtime executive at the company, will take the reins of the consumer business.
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