Verizon Communications Management
Management criteria checks 1/4
Verizon Communications' CEO is Hans Vestberg, appointed in Aug 2018, has a tenure of 5.67 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 $19.60M. The average tenure of the management team and the board of directors is 1.1 years and 7.2 years respectively.
Key information
Hans Vestberg
Chief executive officer
US$24.1m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.1yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Analysts Are Updating Their Verizon Communications Inc. (NYSE:VZ) Estimates After Its First-Quarter Results
Apr 25
Verizon Invokes The AI Warhead
Apr 22Is Verizon A Buy After The +28% Rally?
Apr 14Verizon: A High Margin Of Safety Investment With A 6.3% Yield
Apr 05Dial Up Your Income To 6.6%: Verizon
Mar 25Verizon: It's Just The Beginning
Mar 16Verizon: Deleveraging Is The Key
Mar 08Verizon Communications (NYSE:VZ) Could Be Struggling To Allocate Capital
Mar 04Verizon Is Improving Operations And Profits, Macroeconomic Tailwind Also Expected
Feb 23Verizon: Q4 And 2023 Earnings, Subscriber Growth, Media Loss And Revenue Declines (Rating Downgrade)
Feb 09There May Be Some Bright Spots In Verizon Communications' (NYSE:VZ) Earnings
Feb 02Verizon: I Am On Hold After The Recent Earnings Release
Jan 29Investors Don't See Light At End Of Verizon Communications Inc.'s (NYSE:VZ) Tunnel
Jan 23Verizon's Impairment Is A Long-Term Blip
Jan 22Verizon Approaches A Critical Crossroads
Jan 11Verizon: Turning The Ship Around For A Favorable 2024
Jan 05Verizon: Top Dog Of The Dow Candidate For 2024
Dec 28Verizon Stock: A Massive Rerating Is Likely Coming
Dec 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD13.51M).
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 (58 yo)
5.7yrs
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 | 5.7yrs | US$24.13m | 0.012% $ 19.6m | |
| Executive VP & CFO | less than a year | US$8.93m | 0.0020% $ 3.4m | |
| Executive VP & President of Verizon Global Services | 1.5yrs | US$10.04m | 0.0023% $ 3.9m | |
| Executive VP & CEO of Verizon Business Group | 1.1yrs | US$10.81m | 0.0020% $ 3.3m | |
| Executive VP & CEO of Verizon Consumer Group | 1.1yrs | US$11.38m | 0.0023% $ 3.8m | |
| Senior VP of Accounting & External Reporting and Controller | less than a year | no data | 0.00039% $ 648.2k | |
| Executive VP & President of Global Networks and Technology | 1.1yrs | no data | 0.00073% $ 1.2m | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 1.5yrs | 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 | 2.3yrs | no data | 0.00040% $ 664.9k |
1.1yrs
Average Tenure
52yo
Average Age
Experienced Management: VZ's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.8yrs | US$24.13m | 0.012% $ 19.6m | |
| Independent Director | 5.6yrs | US$365.00k | no data | |
| Independent Director | 3.5yrs | US$335.00k | no data | |
| Independent Lead Director | 18.3yrs | US$410.00k | 0.000070% $ 116.3k | |
| Independent Director | 10.3yrs | US$328.00k | no data | |
| Independent Director | 2.6yrs | US$335.00k | 0% $ 0 | |
| Independent Director | 1.4yrs | US$50.00k | no data | |
| Independent Director | 14.1yrs | US$335.00k | no data | |
| Independent Director | 9.2yrs | US$332.00k | 0.000010% $ 16.6k | |
| Independent Director | 12.3yrs | US$335.00k | no data | |
| Independent Director | 8.6yrs | US$365.00k | no data | |
| Independent Director | 2.8yrs | US$335.00k | 0.000010% $ 16.6k |
7.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: VZ's board of directors are considered experienced (7.2 years average tenure).