The charts on this page feature a breakdown of the total annual pay for the top executives at VERIZON COMMUNICATIONS INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. VERIZON COMMUNICATIONS INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. VERIZON COMMUNICATIONS INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Matthew Ellis
Executive Vice President and Chief Financial Officer
Total Cash $2,332,250 Equity $6,250,058 Other $243,960 Total Compensation $8,826,268
Hans Vestberg
Chairman and Chief Executive Officer
Total Cash $5,137,500 Equity $13,300,074 Other $660,008 Total Compensation $19,097,582
Ronan Dunne
Executive Vice President and Group CEO - Verizon Consumer
Total Cash $2,185,000 Equity $6,750,003 Other $312,878 Total Compensation $9,247,881
K. Guru Gowrappan
Executive Vice President and Group CEO - Verizon Media
Total Cash $1,882,750 Equity $5,750,055 Other $210,070 Total Compensation $7,842,875
Tami A. Erwin
Executive Vice President and Group CEO - Verizon Business
Total Cash $2,214,250 Equity $5,750,055 Other $236,922 Total Compensation $8,201,227
For its 2020 fiscal year, VERIZON COMMUNICATIONS INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Hans Vestberg CEO Pay $19,115,084 Median Employee Pay $170,288 CEO Pay Ratio 112:1
For its 2020 fiscal year, VERIZON COMMUNICATIONS INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Carol Tomé Total Cash $395,400
Clarence Otis, Jr. Total Cash $394,000
Daniel Schulman Total Cash $356,000
Gregory Weaver Total Cash $374,000
Kathryn Tesija Total Cash $220,667
Mark Bertolini Total Cash $354,000
Melanie Healey Total Cash $329,000
Rodney Slater Total Cash $328,000
Roxanne Austin Total Cash $256,720
Shellye Archambeau Total Cash $356,000
Vittorio Colao Total Cash $334,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.