Verizon Communications Management
Management criteria checks 1/4
Verizon Communications' CEO is Hans Vestberg, appointed in Aug 2018, has a tenure of 6.33 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 $19.82M. The average tenure of the management team and the board of directors is 1.7 years and 6.3 years respectively.
Key information
Hans Vestberg
Chief executive officer
US$24.1m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.7yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Verizon: Narrow Margin Of Safety Per Graham P/E And Number
Dec 11Verizon Has Ominous Clouds On The Horizon (Technical Analysis)
Dec 03Verizon: Deeply Undervalued Dividend Delight
Nov 26Is Verizon Communications (NYSE:VZ) A Risky Investment?
Nov 19
Verizon Communications' (NYSE:VZ) Conservative Accounting Might Explain Soft Earnings
Nov 01Verizon Q3: Buy The Drop
Oct 24Verizon Q3 Preview: You Want Total Shareholder Yield, Not Dividend Yield
Oct 17Verizon's Huge Day
Oct 11Verizon Communications' (NYSE:VZ) Upcoming Dividend Will Be Larger Than Last Year's
Sep 30Verizon Remains An Overlooked Once-In-A-Lifetime Opportunity
Sep 23Verizon: Frontier Deal May Limit Upside (Rating Downgrade)
Sep 16Verizon Communications (NYSE:VZ) Will Pay A Larger Dividend Than Last Year At $0.6775
Sep 09Verizon: 3 Reasons To Buy And 2 Reasons To Sell This 6.4% Yielding Blue Chip
Sep 05Returns On Capital At Verizon Communications (NYSE:VZ) Paint A Concerning Picture
Sep 04It Is Worth Owning Verizon For Its Dividends
Aug 19Buy 6.6% Yielding Verizon Before The Fed Cuts Rates
Aug 09Verizon: Buy The Market's Over Reaction, Yields Even Richer Here
Jul 27Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its Second-Quarter Results
Jul 24Verizon Communications: An Upgrade Is Warranted
Jul 21Verizon Stock Is Still A Great Value Buy Right Now
Jul 10Verizon Communications: A Gift Hiding In Plain Sight
Jul 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$10b |
| 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 US market ($USD12.86M).
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)
6.3yrs
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 |
|---|---|---|---|---|
| Chairman & CEO | 6.3yrs | US$24.13m | 0.012% $ 19.8m | |
| Executive VP & CFO | 1.7yrs | US$8.93m | 0.0020% $ 3.4m | |
| Executive VP & CEO of Verizon Business Group | 1.8yrs | US$10.81m | 0.0020% $ 3.3m | |
| Executive VP & CEO of Verizon Consumer Group | 1.8yrs | US$11.38m | 0.0023% $ 3.8m | |
| Senior VP of Accounting & External Reporting and Controller | 1.6yrs | no data | 0.00039% $ 655.6k | |
| CTO & Senior VP of Strategy and Technology Enablement | less than a year | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 2.2yrs | no data | 0.00072% $ 1.2m | |
| Executive VP & Chief Communications Officer | less than a year | no data | no data | |
| Executive VP & Chief Marketing Officer | less than a year | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3yrs | no data | 0.00040% $ 672.4k | |
| Chief Diversity | no data | no data | no data |
1.7yrs
Average Tenure
51yo
Average Age
Experienced Management: VZ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.5yrs | US$24.13m | 0.012% $ 19.8m | |
| Lead Independent Director | 6.3yrs | US$365.00k | no data | |
| Independent Director | 4.2yrs | US$335.00k | no data | |
| Independent Director | 18.9yrs | US$410.00k | 0.000070% $ 117.7k | |
| Independent Director | 11yrs | US$355.00k | no data | |
| Independent Director | 3.3yrs | US$335.00k | 0% $ 0 | |
| Independent Director | 2.1yrs | US$335.00k | no data | |
| Independent Director | 14.8yrs | US$335.00k | no data | |
| Independent Director | 9.8yrs | US$355.00k | 0.000010% $ 16.8k | |
| Independent Director | 3.4yrs | US$335.00k | 0.000010% $ 16.8k | |
| Director | less than a year | no data | no data |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Board: VZ's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:56 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Verizon Communications Inc. is covered by 76 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |
| Christopher Watts | Atlantic Equities LLP |