October 29, 2020
Verizon Communications Headquarters

Verizon Communications Board of Directors Compensation and Executive Salaries

Verizon Communications is a popular and large telecommunications company, headquartered in New York City, NY, United States of America. The company is lead by Hans Vestberg since August 2018. In 2018 fiscal year, the Chief Executive Officer and Chairman of Verizon Communications earned US$22.2 as total compensation including base pay, stock award value, other compensation and option award value. In 2014, the CEO of Verizon Communications received US$18.3 million as total compensation. So, there is a little increase in the total compensation for the CEO.

Let’s see each board of director compensation and executive salaries for Verizon Communications.

Verizon Communications Headquarters
Verizon Communications Headquarters

Verizon Communications Board of Directors Compensation 2018

Shellye Archambeau – Former CEO of MetricStream

This board member earned US$313,667 as total compensation including cash salary US$138,667, stock awards US$175,000, and all other compensation US$0.

Mark Bertolini – Former CEO of Aetna

This board member earned US$306,000 as total compensation including cash salary US$131,000, stock awards US$175,000, and all other compensation US$0.

Richard Carrión – Executive Chairman of Popular Inc

This board member earned US$323,500 as total compensation including cash salary US$148,500, stock awards US$175,000, and all other compensation US$0.

Melanie Healey – Group President – North America and Global Hyper, Super, Mass Channel of The Procter & Gamble Company

This board member earned US$312,000 as total compensation including cash salary US$131,000, stock awards US$175,000, and all other compensation US$6,000.

M. Frances Keeth – Former Executive Vice President Royal Dutch Shell plc

This board member earned US$372,000 as total compensation including cash salary US$192,000, stock awards US$175,000, and all other compensation US$5,000.

Karl-Ludwig Kley – German business executive

This board member earned US$237,500 as total compensation including cash salary US$62,500, stock awards US$175,000, and all other compensation US$0.

Clarence Otis, Jr. – Former CEO of Darden Restaurants

This board member earned US$341,500 as total compensation including cash salary US$166,500, stock awards US$175,000, and all other compensation US$0.

Daniel Schulman – President and CEO of PayPal

This board member earned US$264,870 as total compensation including cash salary US$43,667, stock awards US$221,203, and all other compensation US$0.

Rodney Slater – Former United States Secretary of Transportation

This board member earned US$304,000 as total compensation including cash salary US$129,000, stock awards US$175,000, and all other compensation US$0.

Kathryn Tesija – Consultant

This board member earned US$312,000 as total compensation including cash salary US$137,000, stock awards US$175,000, and all other compensation US$0.

Gregory Wasson – Co-founder and President of Wasson Enterprise

This board member earned US$278,750 as total compensation including cash salary US$103,750, stock awards US$175,000, and all other compensation US$0.

Gregory Weaver – CFO of Eloxx Pharmaceuticals

This board member earned US$339,500 as total compensation including cash salary US$164,500, stock awards US$175,000, and all other compensation US$0.

Verizon Communications Executive Salaries – 2019

John Stratton – Former Executive Vice President and President – Global Operations

This executive earned US$15,646,852 as total compensation including Base Pay US$3,059,462, Equity Reward US$6,600,052, and all other compensation US$5,987,338.

Marc Reed – Executive Vice President and Chief Administrative Officer

This executive earned US$7,352,470 as total compensation including Base Pay US$2,170,029, Equity Reward US$4,950,064, and all other compensation US$232,377.

Lowell McAdam – Former Chairman and Chief Executive Officer

This executive earned US$18,637,867 as total compensation including Base Pay US$6,021,538, Equity Reward US$12,000,050, and all other compensation US$616,279.

Matthew Ellis – Executive Vice President and Chief Financial Officer

This executive earned US$7,060,676 as total compensation including Base Pay US$2,100,307, Equity Reward US$4,800,020, and all other compensation US$160,349.

Hans Vestberg – Chairman and Chief Executive Officer

This executive earned US$22,206,086 as total compensation including Base Pay US$4,987,635, Equity Reward US$16,600,082, and all other compensation US$618,369.

Ronan Dunne – Executive Vice President and President – Verizon Consumer Group

This executive earned US$6,714,126 as total compensation including Base Pay US$2,235,904, Equity Reward US$4,250,008, and all other compensation US$228,214.

K. Guru Gowrappan – Executive Vice President and CEO -Verizon Media Group

This executive earned US$12,752,938 as total compensation including Base Pay US$3,623,446, Equity Reward US$8,695,827, and all other compensation US$433,665.

Timothy Armstrong – Former Executive Vice President and President and CEO – Oath

This executive earned US$12,488,942 as total compensation including Base Pay US$2,873,750, Equity Reward US$3,150,081, and all other compensation US$6,465,111.

Article last re-published on June 27, 2020.

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