secwatch.observer — SEC 8-K summary
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Issuer:     VERIZON COMMUNICATIONS INC (VZ)
CIK:        0000732712
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001193125-23-058988
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/0001193125-23-058988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/732712/000119312523058988/d461784d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-058988

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer