Verizon Communications Inc. (VZ)

51.64 +0.89 (+1.75%) 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: 118,500

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Hans E. Vestberg	Chairman & CEO	5.84M	N/A	1965
Mr. Matthew D. Ellis	Exec. VP & CFO	2.59M	N/A	1971
Mr. Kyle Malady	Exec. VP, Pres of Global Networks & Technology	2.42M	N/A	1968
Ms. Tamara A. Erwin	Exec. VP & CEO of Verizon Bus.	2.34M	N/A	1965
Mr. Craig L. Silliman	Exec. VP & Chief Admin., Legal and Public Policy Officer	N/A	N/A	1968
Mr. Brady Connor	Sr. VP of Investor Relations	N/A	N/A	N/A
Mr. James J. Gerace	Sr. VP & Chief Communications Officer	N/A	N/A	1964
Mr. Diego Scotti	Exec. VP & Chief Marketing Officer	N/A	N/A	1973
Ms. Samantha Hammock	Exec. VP & Chief HR Officer	N/A	N/A	1979
Ms. Magda N. Yrizarry	Sr. VP and Chief Talent & Diversity Officer	N/A	N/A	N/A

Amounts are as of December 31, 2021 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.

Description

Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. 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 July 1, 2022 is 2. The pillar scores are Audit: 4; Board: 6; Shareholder Rights: 2; 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 a 10 indicates higher governance risk.