Verizon Communications Management

Management criteria checks 1/4

Verizon Communications' CEO is Hans Vestberg, appointed in Aug 2018, has a tenure of 6.17 years. total yearly compensation is $24.13M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth CHF17.31M. The average tenure of the management team and the board of directors is 1.4 years and 6 years respectively.

Key information

Hans Vestberg

Chief executive officer

US$24.1m

Total compensation

CEO salary percentage	6.2%
CEO tenure	6yrs
CEO ownership	0.01%
Management average tenure	1.4yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hans Vestberg's remuneration changed compared to Verizon Communications's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$11b
Mar 31 2024	n/a	n/a	US$11b
Dec 31 2023	US$24m	US$2m	US$12b
Sep 30 2023	n/a	n/a	US$21b
Jun 30 2023	n/a	n/a	US$21b
Mar 31 2023	n/a	n/a	US$22b
Dec 31 2022	US$20m	US$2m	US$21b
Sep 30 2022	n/a	n/a	US$19b
Jun 30 2022	n/a	n/a	US$21b
Mar 31 2022	n/a	n/a	US$21b
Dec 31 2021	US$20m	US$2m	US$22b
Sep 30 2021	n/a	n/a	US$22b
Jun 30 2021	n/a	n/a	US$20b
Mar 31 2021	n/a	n/a	US$19b
Dec 31 2020	US$19m	US$2m	US$18b
Sep 30 2020	n/a	n/a	US$18b
Jun 30 2020	n/a	n/a	US$19b
Mar 31 2020	n/a	n/a	US$18b
Dec 31 2019	US$18m	US$2m	US$19b
Sep 30 2019	n/a	n/a	US$16b
Jun 30 2019	n/a	n/a	US$16b
Mar 31 2019	n/a	n/a	US$16b
Dec 31 2018	US$22m	US$1m	US$16b
Sep 30 2018	n/a	n/a	US$32b
Jun 30 2018	n/a	n/a	US$31b
Mar 31 2018	n/a	n/a	US$31b
Dec 31 2017	US$10m	US$807k	US$30b

Compensation vs Market: Hans's total compensation ($USD24.13M) is above average for companies of similar size in the Swiss market ($USD4.94M).

Compensation vs Earnings: Hans's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Hans Vestberg (59 yo)

6yrs

Tenure

US$24,129,317

Compensation

Mr. Hans E. Vestberg has been Chief Executive Officer at Verizon Communications Inc. since August 01, 2018 and served as its Executive Chairman until January 2019. He has been the Chairman of the Board at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hans Vestberg	Chairman & CEO	6yrs	US$24.13m	0.012% $ 17.3m
Anthony Skiadas	Executive VP & CFO	1.3yrs	US$8.93m	0.0020% $ 3.0m
Kyle Malady	Executive VP & CEO of Verizon Business Group	1.4yrs	US$10.81m	0.0020% $ 2.9m
Sowmyanarayan Sampath	Executive VP & CEO of Verizon Consumer Group	1.4yrs	US$11.38m	0.0023% $ 3.4m
Mary-Lee Stillwell	Senior VP of Accounting & External Reporting and Controller	1.3yrs	no data	0.00039% $ 572.7k
Joseph Russo	Executive VP & President of Global Networks and Technology	1.4yrs	no data	0.00073% $ 1.1m
Brady Connor	Senior Vice President of Investor Relations	no data	no data	no data
Vandana Venkatesh	Executive VP & Chief Legal Officer	1.8yrs	no data	0.00072% $ 1.1m
Stacy Sharpe	Executive VP & Chief Communications Officer	less than a year	no data	no data
Leslie Berland	Executive VP & Chief Marketing Officer	less than a year	no data	no data
Samantha Hammock	Executive VP & Chief Human Resources Officer	2.7yrs	no data	0.00040% $ 587.4k
Magda Yrizarry	Chief Diversity	no data	no data	no data

1.4yrs

Average Tenure

51yo

Average Age

Experienced Management: VZ's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Hans Vestberg	Chairman & CEO	6.2yrs	US$24.13m	0.012% $ 17.3m
Daniel Schulman	Independent Director	5.9yrs	US$365.00k	no data
Roxanne Austin	Independent Director	3.8yrs	US$335.00k	no data
Clarence Otis	Independent Lead Director	18.6yrs	US$410.00k	0.000070% $ 102.8k
Shellye Archambeau	Independent Director	10.7yrs	US$355.00k	no data
Carol Tome	Independent Director	2.9yrs	US$335.00k	0% $ 0
Vittorio Colao	Independent Director	1.8yrs	US$335.00k	no data
Rodney Slater	Independent Director	14.4yrs	US$335.00k	no data
Mark Bertolini	Independent Director	9.5yrs	US$355.00k	0.000010% $ 14.7k
Laxman Narasimhan	Independent Director	3.1yrs	US$335.00k	0.000010% $ 14.7k

6.0yrs

Average Tenure

64.5yo

Average Age

Experienced Board: VZ's board of directors are considered experienced (6 years average tenure).

Verizon Communications Management

Management criteria checks 1/4

Key information

Recent management updates

Verizon Communications Inc. Elects Caroline A. Litchfield to Its Board of Directors

Verizon Communications Inc. Announces Craig L. Silliman Will Step Down as Executive Vice President and President - Verizon Global Services, Effective July 1, 2024

Verizon Communications Inc., Annual General Meeting, May 09, 2024

Verizon Announces Executive Changes

Verizon Appoints Stacy Sharpe as EVP and Chief Communications Officer, Effective March 4, 2024

Verizon Communications Inc. Announces Melanie L. Healey, A Member of the Board of Directors Will Not Stand for Re-Election

Recent updates

Verizon Announces New Google Pixel 9

Second quarter 2024 earnings released: EPS: US$1.09 (vs US$1.11 in 2Q 2023)

Upcoming dividend of US$0.67 per share

Verizon Communications Inc. Elects Caroline A. Litchfield to Its Board of Directors

Verizon Introduces New Customer-First Programs and Benefits, Refreshes the Brand

Verizon Frontline Showcases Advanced Communications Solutions At Technet Cyber

Verizon Business Announces End-to-End Smartphone Management Solution

Verizon Communications Inc. to Report Q2, 2024 Results on Jul 22, 2024

First quarter dividend of US$0.67 announced

Verizon Communications, Inc. Unveils the Gizmo Watch 3 - Adventure: the Ultimate Smartwatch for Kids

Verizon Communications Inc. Declares Quarterly Dividend, Payable on August 1, 2024

VoIP-Pal Files New Patent Infringement Against Lawsuits Against Verizon, and T-Mobile

Verizon Communications Inc. Announces Craig L. Silliman Will Step Down as Executive Vice President and President - Verizon Global Services, Effective July 1, 2024

Verizon Unveils New Ai Tools to Transform Customer Experience

T-Mobile, Verizon Communications Reportedly in Talks to Buy Parts of US Cellular

Verizon Announces Introducing the Pixel 8a

First quarter 2024 earnings released: EPS: US$1.09 (vs US$1.17 in 1Q 2023)

WMS and Verizon Introduces Unprecedented Cruise Daily Pass Connectivity Offering

Upcoming dividend of US$0.67 per share

Verizon Communications Inc. to Report Q1, 2024 Results on Apr 22, 2024

Verizon Communications Inc., Annual General Meeting, May 09, 2024

Verizon Frontline Crisis Response Team Starts Incorporating the Skydio X10 as Its Primary Operational Drone

Fourth quarter dividend of US$0.67 announced

Verizon and Ericsson Collaborate on Innovative 5G Feature to Enhance User Experience

Verizon Advances O-Ran Technology by Deploying 130,000 New O-Ran Capable Radios in Its Network

Verizon Announces Executive Changes

Verizon Business Launches Field Management Tablet Plus Powered by Jobber and Verizon

Verizon Appoints Stacy Sharpe as EVP and Chief Communications Officer, Effective March 4, 2024

Verizon Communications Inc. Announces Melanie L. Healey, A Member of the Board of Directors Will Not Stand for Re-Election

CEO Compensation Analysis

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Leadership Team

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Board Members

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