secwatch / observer

VERIZON COMMUNICATIONS INC — fact timeline

Source-grounded facts extracted from VERIZON COMMUNICATIONS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

VZ VERIZON COMMUNICATIONS INC JSON
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Shareholder proposal regarding independent Board chair at the 2026-05-21 meeting.

“(f) The shareholder proposal regarding independent Board chair was defeated with 434,944,688 votes for, 2,305,378,572 votes against, 38,255,963 abstentions and 677,949,077 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Shareholder proposal regarding Board oversight of material issues related to climate change at the 2026-05-21 meeting.

“(e) The shareholder proposal regarding Board oversight of material issues related to climate change was defeated with 440,826,322 votes for, 2,256,325,141 votes against, 81,430,126 abstentions and 677,949,077 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for 2026 at the 2026-05-21 meeting.

“(d) The appointment of Ernst & Young LLP as independent registered public accounting firm for 2026 was ratified with 3,159,422,372 votes for, 248,036,260 votes against and 49,072,132 abstentions.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Approval of Verizon’s 2026 Long-Term Incentive Plan at the 2026-05-21 meeting.

“(c) The proposal regarding the approval of Verizon’s 2026 Long-Term Incentive Plan was approved with 2,634,341,705 votes for, 128,233,762 votes against, 16,005,630 abstentions and 677,949,077 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Advisory vote to approve executive compensation at the 2026-05-21 meeting.

“(b) The proposal regarding the advisory vote to approve executive compensation was approved with 2,403,857,612 votes for, 355,704,067 votes against, 19,003,263 abstentions and 677,949,077 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Election of Directors at the 2026-05-21 meeting.

“(a) The following nominees were elected to serve on the Board of Directors: Name of Nominee Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Shellye Archambeau 2,524,606,864 241,503,441 12,468,983 677,949,077 Roxanne Austin 2,645,915,892 119,051,679 13,612,149 677,949,077 Mark Bertolini 2,580,152,353 185,875,873 12,551,852 677,949,077 Vittorio Colao 2,682,372,569 83,383,443 12,823,276 677,949,077 Caroline Litchfield 2,682,136,021 81,478,887 14,964,653 677,949,077 Jennifer Mann 2,722,259,162 43,080,439 13,231,463 677,949,077 Laxman Narasimhan 2,641,973,582 121,250,811 15,354,616 677,949,077 Daniel Schulman 2,721,146,971 44,610,053 12,821,413 677,949,077 Carol Tomé 2,729,984,225 36,124,065 12,471,820 677,949,077”
Earnings Releases

VERIZON COMMUNICATIONS INC reported first-quarter 2026 results: revenue $34.4 billion, net income $5.1 billion, EPS $1.20. Guidance raised.

“Total operating revenue was $34.4 billion, up 2.9 percent year-over-year.”

Rodney E. Slater departed as Director at VERIZON COMMUNICATIONS INC.

“On February 5, 2025, Rodney E. Slater, a member of the Board of Directors of Verizon Communications Inc. (Verizon), informed Verizon that he will not stand for re-election when his term expires at Verizon’s 2025 annual meeting of shareholders.”
Governance Changes

VERIZON COMMUNICATIONS INC: Amended and restated bylaws to provide that a candidate for office may not serve as inspector, update stockholder nomination requirements, and make technical changes (effective 2024-12-05).

“On December 5, 2024, the Board of Directors of Verizon Communications Inc. (the Company) amended and restated the Company’s Bylaws (the Amended Bylaws), effective as of that date. The amendments (i) provide that a candidate for an office at an election may not serve as an inspector at such election, (ii) update certain information and representation requirements for stockholders submitting director nominations for inclusion in the Company’s proxy materials, and (iii) include certain other technical, clarifying and conforming changes.”

Caroline A. Litchfield was elected as Director at VERIZON COMMUNICATIONS INC.

“On June 27, 2024, the Board of Directors of Verizon Communications Inc. (Verizon) elected Caroline A. Litchfield, Executive Vice President and Chief Financial Officer of Merck & Co., Inc., as a director, effective October 1, 2024.”

Craig L. Silliman departed as Executive Vice President and President - Verizon Global Services at VERIZON COMMUNICATIONS INC.

“Verizon Communications Inc. (“Verizon”) announced that Craig L. Silliman, Verizon’s Executive Vice President and President - Verizon Global Services, would step down from his current position effective July 1, 2024.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Political expenditures misalignment at the 2024-05-09 meeting.

“The shareholder proposal regarding political expenditures misalignment was defeated with 464,605,493 votes for, 2,207,013,084 votes against, 46,391,629 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Lead-sheathed cable report at the 2024-05-09 meeting.

“The shareholder proposal regarding a lead-sheathed cable report was defeated with 388,696,949 votes for, 2,269,452,984 votes against, 59,860,273 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Civil liberties in digital services at the 2024-05-09 meeting.

“The shareholder proposal regarding civil liberties in digital services was defeated with 123,051,316 votes for, 2,536,867,542 votes against, 58,091,348 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Independent Board chair at the 2024-05-09 meeting.

“The shareholder proposal regarding an independent Board chair was defeated with 1,165,666,210 votes for, 1,531,019,039 votes against, 21,324,957 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Amendment to the clawback policy at the 2024-05-09 meeting.

“The shareholder proposal regarding an amendment to the clawback policy was defeated with 878,127,232 votes for, 1,800,571,410 votes against, 39,311,564 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Lobbying activities report at the 2024-05-09 meeting.

“The shareholder proposal regarding a lobbying activities report was defeated with 923,157,397 votes for, 1,741,639,843 votes against, 53,212,966 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders rejected Prohibition on political contributions study at the 2024-05-09 meeting.

“The shareholder proposal regarding a prohibition on political contributions study was defeated with 167,023,454 votes for, 2,442,434,158 votes against, 108,552,594 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for 2024 at the 2024-05-09 meeting.

“The appointment of Ernst & Young LLP as independent registered public accounting firm for 2024 was ratified with 3,182,061,082 votes for, 178,694,259 votes against and 76,342,091 abstentions.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Advisory vote to approve executive compensation at the 2024-05-09 meeting.

“The proposal regarding the advisory vote to approve executive compensation was approved with 2,451,280,357 votes for, 245,825,042 votes against, 20,904,807 abstentions and 719,087,226 broker non-votes.”
Shareholder Votes

VERIZON COMMUNICATIONS INC shareholders approved Election of Directors at the 2024-05-09 meeting.

“The following nominees were elected to serve on the Board of Directors: Name of Nominee Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Shellye Archambeau 2,547,013,517 155,719,182 15,277,507 719,087,226 Roxanne Austin 2,585,748,112 115,994,238 16,267,856 719,087,226 Mark Bertolini 2,637,892,483 64,910,590 15,207,133 719,087,226 Vittorio Colao 2,623,944,181 75,099,199 18,966,826 719,087,226 Laxman Narasimhan 2,602,890,886 96,316,762 18,802,558 719,087,226 Clarence Otis, Jr. 2,533,372,347 168,228,285 16,409,574 719,087,226 Daniel Schulman 2,633,651,503 68,360,157 15,998,546 719,087,226 Rodney Slater 2,548,099,728 151,934,947 17,975,531 719,087,226 Carol Tomé 2,662,396,696 39,875,559 15,737,951 719,087,226 Hans Vestberg 2,452,429,353 237,522,878 28,057,975 719,087,226”
Earnings Releases

VERIZON COMMUNICATIONS INC reported first quarter 2024 results: revenue $33.0 billion, net income $4.7 billion, EPS $1.09.

“earnings per share of $1.17 in first-quarter 2023; adjusted EPS 1 , excluding special items, of $1.15, compared with $1.20 in first-quarter 2023. • Total operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023. • Consolidated net income for the first quarter of $4.7 billion, compared to consolidated net income of $5.0 billion in first-quarter”

Melanie L. Healey departed as member of the Board of Directors at VERIZON COMMUNICATIONS INC.

“On January 18, 2024, Melanie L. Healey, a member of the Board of Directors of Verizon Communications Inc. (Verizon), informed Verizon that she will not stand for re-election when her term expires at Verizon’s 2024 annual meeting of shareholders.”
Earnings Releases

VERIZON COMMUNICATIONS INC reported financial results for fourth quarter and full year of 2023.

“Attached as Exhibit 99.1 hereto are a press release and financial tables, dated January 23, 2024, issued by Verizon Communications Inc. (Verizon). Attached as Exhibit 99.2 hereto is commentary, dated January 23, 2024, discussing Verizon's financial and operating results for the fourth quarter and full year of 2023.”
Earnings Releases

VERIZON COMMUNICATIONS INC reported third quarter of 2023 results: revenue $33.3 billion, net income $4.9 billion, EPS $1.13. Guidance raised.

“in EPS, compared with $1.17 in third-quarter 2022; adjusted EPS 1 , excluding special items, of $1.22, compared with $1.32 in third-quarter 2022. • Total operating revenue of $33.3 billion, a decrease of 2.6 percent from third-quarter 2022. • Year-to-date cash flow from operations of $28.8 billion, an increase from $28.2 billion in 2022. • Free cash flow 1”
Earnings Releases

VERIZON COMMUNICATIONS INC reported financial results for second quarter of 2023.

“Attached as Exhibit 99.1 hereto are a press release and financial tables, dated July 25, 2023, issued by Verizon Communications Inc. (Verizon). Attached as Exhibit 99.2 hereto is commentary, dated July 25, 2023, discussing Verizon's financial and operating results for the second quarter of 2023.”
Earnings Releases

VERIZON COMMUNICATIONS INC reported first quarter of 2023 results: revenue $32.9 billion, net income $5.0 billion, EPS $1.17.

“1Q 2023 highlights C onsolidated: • $1.17 in EPS, compared with $1.09 in first-quarter 2022; adjusted EPS 1 , excluding a special item, of $1.20, compared with $1.35 in first-quarter 2022. • Total operating revenue of $32.9 billion, a decrease of 1.9 percent from first-quarter 2022. • Net income of $5.0 billion, an increase of 6.5 percent from first-quarter 2022, and adjusted EBITDA 1 of $11.9 billion, down 1.1 percent year over year.”

Kyle Malady was appointed as Executive Vice President and Group CEO - Verizon Business at VERIZON COMMUNICATIONS INC.

“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.”

Mary-Lee Stillwell was appointed as Senior Vice President and Controller at VERIZON COMMUNICATIONS INC.

“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.”

Matthew D. Ellis departed as Executive Vice President and Chief Financial Officer at VERIZON COMMUNICATIONS INC.

“Mr. Ellis will leave Verizon on May 1, 2023.”

Anthony T. Skiadas was appointed as Executive Vice President and Chief Financial Officer at VERIZON COMMUNICATIONS INC.

“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.”
Earnings Releases

VERIZON COMMUNICATIONS INC reported financial results for fourth quarter and full year of 2022.

“Attached as Exhibit 99.2 hereto is commentary, dated January 24, 2023, discussing Verizon's financial and operating results for the fourth quarter and full year of 2022.”
Earnings Releases

VERIZON COMMUNICATIONS INC reported full year 2022 results: revenue $136.8 billion, EPS $5.06.

“share (EPS) of $5.06, compared with $5.32 in 2021; adjusted EPS 1 , excluding special items, of $5.18, compared with 2021 adjusted EPS 1 2 of $5.50. • Total operating revenue of $136.8 billion in full-year 2022, up 2.4 percent year over year. 4Q 2022 highlights C onsolidated: • $1.56 in EPS, compared with $1.11 in fourth-quarter 2021; adjusted EPS 1 , excluding special”

Vittorio Colao was elected as director at VERIZON COMMUNICATIONS INC.

“On November 4, 2022, the Board of Directors of Verizon Communications Inc. (Verizon) elected Vittorio Colao, former Italian Minister for Innovation, Digital Transition and Space, and former Chief Executive of Vodafone Group Plc, as a director, and appointed him to the Corporate Governance and Policy Committee and the Finance Committee, effective November 4, 2022.”

Tami A. Erwin departed as Strategic Advisor to the Chairman and Chief Executive Officer at VERIZON COMMUNICATIONS INC.

“Ms. Erwin will depart from Verizon effective September 30, 2022.”

Ronan Dunne departed as Strategic Advisor to the Chairman and Chief Executive Officer at VERIZON COMMUNICATIONS INC.

“Ronan Dunne, Strategic Advisor to the Chairman and Chief Executive Officer of Verizon Communications Inc. (Verizon) Hans Vestberg and former Executive Vice President and Group CEO - Verizon Consumer, will depart from Verizon effective September 30, 2022.”

Tami A. Erwin departed as Executive Vice President and Group CEO - Verizon Business at VERIZON COMMUNICATIONS INC.

“Tami A. Erwin, Verizon’s Executive Vice President and Group CEO - Verizon Business, would step down from her current position effective July 1, 2022.”

Tami A. Erwin departed as Executive Vice President and Group CEO - Verizon Business at VERIZON COMMUNICATIONS INC.

“Tami A. Erwin, Verizon’s Executive Vice President and Group CEO - Verizon Business, would leave Verizon at the end of 2022.”

Ronan Dunne changed role as Executive Vice President and Group CEO - Verizon Consumer at VERIZON COMMUNICATIONS INC.

“On November 8, 2021, Verizon Communications Inc. (Verizon) announced that Ronan Dunne, Executive Vice President and Group CEO - Verizon Consumer, would step down from his current position at the end of the year. Effective January 1, 2022, Mr. Dunne will serve as a strategic advisor to Hans E. Vestberg, Chairman and Chief Executive Officer of Verizon.”

Guru Gowrappan resigned as Executive Vice President and Group CEO - Verizon Media at VERIZON COMMUNICATIONS INC.

“Mr. Guru Gowrappan ceased to serve in his capacity as an executive officer of Verizon Communications Inc. (“Verizon”) with the title of Executive Vice President and Group CEO - Verizon Media.”

Carol B. Tomé was elected as director at VERIZON COMMUNICATIONS INC.

“On August 12, 2021, the Board of Directors of Verizon Communications Inc. (Verizon) elected Carol B. Tomé, Chief Executive Officer of United Parcel Service, Inc., as a director, effective September 1, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.