CEO of Verizon’s consumer business exits after less than a year in that role

Manon Brouillette, the chief executive of Verizon Consumer Group, has stepped down from her position, the telecommunications company announced in a Monday morning press release. Brouillette held that role at Verizon Communications Inc. for less than a year, having assumed it in January 2022. Verizon CEO Hans Vestberg will take over leadership of the consumer group in addition to his other responsibilities. “My immediate focus for the Consumer Group will be on driving a closer consistency between the top quality network product we’re bringing to market and the operational results we’re producing,” Vestberg said in a statement. Verizon has reported three straight quarters of subscriber losses in its retail postpaid phone business. Verizon’s stock has declined nearly 27% so far this year as the S&P 500 has fallen almost 15%.

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