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Verizon Communications Inc. (VZ)

NYSE - NYSE Delayed price. Currency in USD
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41.10+0.60 (+1.48%)
At close: 04:00PM EST
40.80 -0.30 (-0.73%)
After hours: 07:59PM EST

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
IndustryTelecom Services
Full-time employees105,400

Key executives

NameTitlePayExercisedYear born
Mr. Hans E. VestbergChairman & CEO5.33MN/A1965
Mr. Craig L. SillimanExecutive VP & President of Verizon Global Services2.13MN/A1968
Mr. Kyle MaladyExecutive VP & CEO of Verizon Business Group6.61MN/A1969
Mr. Sowmyanarayan SampathExecutive VP & CEO of Verizon Consumer Group1.75MN/A1977
Mr. Anthony T. SkiadasExecutive VP & CFON/AN/A1969
Ms. Mary-Lee StillwellSenior VP of Accounting & External Reporting and ControllerN/AN/A1975
Mr. Joseph J. RussoExecutive VP & President of Global Networks and TechnologyN/AN/AN/A
Mr. Brady ConnorSenior Vice President of Investor RelationsN/AN/AN/A
Ms. Vandana VenkateshExecutive VP & Chief Legal OfficerN/AN/A1972
Mr. James J. GeraceSenior VP & Chief Communications OfficerN/AN/A1964
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, engages in the provision of 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, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment 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 FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. 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 February 2024 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.