Verizon looking to ‘increase the pace of execution’ amid leadership change

Change is coming to Verizon Communications Inc. after a tough year for the company’s consumer wireless business.

Verizon
VZ,
-2.91%
announced Monday morning that Manon Brouillette, the chief executive of its consumer business, would be stepping down from that role after holding it for less than a year. Hans Vestberg, the CEO of Verizon, is assuming oversight of the consumer unit.