---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-058988"
form_type: "8-K"
ticker: "VZ"
cik: "0000732712"
company_name: "VERIZON COMMUNICATIONS INC"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:49:49.036856+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Verizon appoints Anthony Skiadas as CFO, Kyle Malady to lead Verizon Business

## Summary
- Anthony Skiadas named EVP & CFO effective May 1, 2023, succeeding Matthew Ellis who departs.
- Skiadas' base salary increases to $800,000; target STI to 150% of salary; LTI to $7M.
- Mary-Lee Stillwell named SVP & Controller effective May 1, 2023, succeeding Skiadas.
- Stillwell's base salary increases to $525,000; target STI to 90%; LTI to $1.2M.
- Kyle Malady appointed EVP & Group CEO of Verizon Business, effective immediately.

## SEC filing metadata
- accession: 0001193125-23-058988
- form_type: 8-K
- ticker: VZ
- cik: 0000732712
- company_name: VERIZON COMMUNICATIONS INC
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/d461784d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-058988
- JSON: https://secwatch.observer/filing/0001193125-23-058988.json
- Plain text: https://secwatch.observer/filing/0001193125-23-058988.txt

## Key facts
- Executive change
  Anthony T. Skiadas was appointed as Executive Vice President and Chief Financial Officer at VERIZON COMMUNICATIONS INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On March 2, 2023, the Verizon Board of Directors appointed Anthony T. Skiadas, Verizon’s Senior Vice President and Controller, to succeed Matthew D. Ellis as Verizon’s Executive Vice President and Chief Financial Officer, effective May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm
- Executive change
  Matthew D. Ellis departed as Executive Vice President and Chief Financial Officer at VERIZON COMMUNICATIONS INC.
  - Action: will leave
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mr. Ellis will leave Verizon on May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm
- Executive change
  Mary-Lee Stillwell was appointed as Senior Vice President and Controller at VERIZON COMMUNICATIONS INC.
  - Action: appointed
  - Role: Senior Vice President and Controller
  source text: On March 2, 2023, the Verizon Board of Directors appointed Mary-Lee Stillwell to succeed Mr. Skiadas as Verizon’s Senior Vice President and Controller, effective May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm
- Executive change
  Kyle Malady was appointed as Executive Vice President and Group CEO - Verizon Business at VERIZON COMMUNICATIONS INC.
  - Action: appointed
  - Role: Executive Vice President and Group CEO - Verizon Business
  source text: On March 2, 2023, the Verizon Board of Directors appointed Kyle Malady, Verizon’s Executive Vice President and President - Global Networks & Technology, as Verizon’s Executive Vice President and Group CEO - Verizon Business, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.