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Verizon Communications Inc. (VZ)

-NYSE
47.43 0.49(1.02%) Apr 23, 4:00PM EDT
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Verizon Communications Inc.
140 West Street
New York, NY 10007
United States - Map
Phone: 212-395-1000
Website: http://www.verizon.com

Details 
Index Membership:N/A
Sector:Technology
Industry:Telecom Services - Domestic
Full Time Employees:176,800

Business Summary 

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers access to various wireless voice and data services comprising Internet access through smart phones and basic phones, and notebook computers and tablets; messaging services to send and receive text, picture, and video messages; and consumer and business focused multimedia applications under the Verizon Wireless brand. This segment also provides location-based services; global data services; HomeFusion Broadband, a high-speed Internet service for homes; other connection-related services, such as network access and value added services to support telemetry-type applications; and machine-to-machine services that support devices used in healthcare, manufacturing, utilities, distribution, and consumer products markets, as well as sells smart phones and basic phones, tablets, and other Internet access devices. As of February 24, 2014, it served 103 million retail customers. The company’s Wireline segment offers video services over its fiber-optic network; data Services comprising high-speed Internet and FiOS broadband data products, as well as local exchange capacity, managed, mobility, and security services; voice services, such as local exchange, regional, long distance, wire maintenance, and voice messaging services, as well as VoIP, and landline and wireless services; and local dial tone and broadband services to local, long distance, and other carriers. This segment also provides networking products and solutions, such as private Internet protocol services, and Ethernet access and ring services; and infrastructure and cloud services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

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Corporate Governance 
Verizon Communications Inc.’s ISS Governance QuickScore as of Apr 1, 2014 is 6. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 4; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Lowell C. McAdam , 59
Chairman, Chief Exec. Officer and Chairman of The Verizon Wireless
6.39M20.82M
Mr. Francis J. Shammo , 53
Chief Financial Officer and Exec. VP
1.86M0.00
Mr. Randal S. Milch , 55
Exec. VP of Public Policy and Gen. Counsel
1.61M0.00
Mr. John G. Stratton , 52
Exec. VP and Pres of Global Enterprise & Consumer Wireline
1.73M0.00
Mr. Daniel S. Mead , 60
Exec. VP, Chief Exec. Officer of Verizon Wireless and Pres of Verizon Wireless
2.26M0.00
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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