ProxyMiner / Company

VERIZON COMMUNICATIONS INCVZ

Latest proxy: 2026 · view on SEC ↗ · CIK 0000732712

CEO total pay

$34,311,016

Daniel Schulman* · 2025

Say on pay

Not disclosed

Use Ask for the underlying narrative

CEO pay ratio

Item 402(u)

248 to 1

Item 402(u) section may live outside the CD&A

Compensation committee

Committee Report

Compensation Committee

Per the latest proxy

Filings indexed: 2 · 2026 · 2025

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Daniel Schulman*2025 compensation
Chief Executive Officer
$34,311,016
98% at-risk
$375,000$32,774,795$937,500$223,721
Hans Vestberg*2025 compensation
Former Chairman and Chief Executive Officer
$31,175,022
92% at-risk
$1,500,000$25,000,035$3,750,000$923,453
Sowmyanarayan Sampath**2025 compensation
Former Executive Vice President and Group CEO – Verizon Consumer
$18,901,142
92% at-risk
$1,200,000$15,000,015$2,400,000$299,850
Kyle Malady2025 compensation
Executive Vice President and Group CEO – Verizon Business
$12,762,860 4%
89% at-risk
$1,100,000$9,750,061$1,650,000$257,531
Anthony Skiadas2025 compensation
Executive Vice President and Chief Financial Officer
$16,008,226 42%
92% at-risk
$1,100,000$13,000,067$1,650,000$256,860
Vandana Venkatesh2025 compensation
Executive Vice President and Chief Legal Officer
$7,430,590 15%
86% at-risk
$900,000$5,000,068$1,350,000$176,257

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

2025 Named executive officers Daniel Schulman* Chief Executive Officer Anthony Skiadas Executive Vice President and Chief Financial Officer Sowmyanarayan Sampath** Former Executive Vice President and Group CEO – Verizon Consumer Kyle Malady Executive Vice President and Group CEO – Verizon Business Vandana Venkatesh Executive Vice President and Chief Legal Officer Hans Vestberg* Former Chairman and Chief Executive Officer * Mr. Daniel Schulman was appointed Verizon’s Chief Executive Officer effective October 4, 2025, when Mr. Hans Vestberg stepped down as Chairman and Chief Executive Officer on that date. Mr. Vestberg remains a special advisor to Verizon. ** Mr. Sowmyanarayan Sampath stepped down from his role as Executive Vice President and Group CEO – Verizon Consumer on February 4, 2026 and served in an advisory role until his separation from Verizon on March 27, 2026. Key management changes in 2025 CEO Transition. Effective October 4, 2025, the Verizon Board of Directors appointed Mr. Daniel Schulman as CEO, replacing Mr. Hans Vestberg in that role. Mr. Schulman continues to serve as a member of the Board of Directors. Mr. Vestberg remains Special Advisor, providing transition s

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

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Governance

Policy guardrails

  • hedging

    prohibited

    40 Anti-hedging policy Our anti-hedging policy prohibits Directors and executives who receive equity-based incentive awards from entering into transactions designed to hedge or offset any decrease in the market value of

  • pledging

    In addition, none of the named executive officers has engaged in any pledging transaction with respect to shares of Verizon’s stock.

    In addition, none of the named executive officers has engaged in any pledging transaction with respect to shares of Verizon’s stock.

  • clawback

    present

    clawback policy

  • stock ownership guidelines

    present

    Stock ownership guidelines

  • change in control

    Severance and change in control benefits

    Severance and change in control benefits

  • compensation consultant

    independent

    Independent compensation consultant

  • compensation committee

    Compensation Committee

    Compensation Committee report

Performance markers

Metric facts

  • revenue

    $32.2 billion

    Target: $83.9 billion Adjusted operating income Adjusted operating income is a measure that reflects operating profitability because it indicates how much profit we generate after subtracting operating expenses, includin

  • operating income

    $32.2 billion

    and creating high-quality growth. It also includes revenue from our fixed wireless access product, which is an important and strategic growth driver. The Committee viewed this measure as an important indicator of Verizon

  • ceo pay ratio

    248 to 1

    of our CEO to the median of the annual total compensation of all of our employees (excluding the CEO). We determined that the annualized total compensation of Mr. Schulman was $38,264,880, the median of the 2025 annual t

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