Verizon Communications Inc. (VZ)

33.28 -0.01 (-0.03%) At close: 04:00PM EDT

Verizon Communications Inc.

1095 Avenue of the Americas
New York, NY 10036
United States
212 395 1000
https://www.verizon.com

Sector(s): Communication Services
Industry: Telecom Services
Full-time employees: 117,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hans E. Vestberg	Chairman & CEO	5.33M	N/A	1965
Mr. Craig L. Silliman	Exec. VP & Pres of Verizon Global Services	2.13M	N/A	1968
Mr. Kyle Malady	Exec. VP & CEO of Verizon Bus. Group	6.61M	N/A	1968
Mr. Sowmyanarayan Sampath	Exec. VP & CEO of Verizon Consumer Group	1.75M	N/A	1977
Mr. Anthony T. Skiadas	Exec. VP & CFO	N/A	N/A	1969
Ms. Mary-Lee Stillwell	Sr. VP of Accounting & External Reporting and Controller	N/A	N/A	1974
Mr. Joseph J. Russo	Exec. VP & Pres of Global Networks and Technology	N/A	N/A	N/A
Mr. Brady Connor	Sr. VP of Investor Relations	N/A	N/A	N/A
Ms. Vandana Venkatesh	Exec. VP & Chief Legal Officer	N/A	N/A	1972
Mr. James J. Gerace	Sr. VP & Chief Communications Officer	N/A	N/A	1964

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Corporate governance

Verizon Communications Inc.’s ISS governance QualityScore as of 1 September 2023 is 1. The pillar scores are Audit: 1; Board: 7; Shareholder rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.