Verizon Communications Inc. Announces Executive and Director Changes
Ticker: VZ · Form: 8-K · Filed: Jun 27, 2024 · CIK: 732712
| Field | Detail |
|---|---|
| Company | Verizon Communications Inc (VZ) |
| Form Type | 8-K |
| Filed Date | Jun 27, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, filing
Related Tickers: VZ
TL;DR
Verizon's board and exec team are shuffling on 6/27. Details to follow.
AI Summary
Verizon Communications Inc. announced on June 27, 2024, changes in its executive and director roles. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific names and dollar amounts related to these changes were not detailed in this initial filing.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial priorities, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and director positions can sometimes precede significant strategic shifts or indicate internal challenges, warranting investor attention.
Key Players & Entities
- VERIZON COMMUNICATIONS INC (company) — Filer
- BELL ATLANTIC CORP (company) — Former Company Name
FAQ
What specific roles have been affected by the departures and appointments?
The filing indicates the departure of certain officers and directors, the election of new directors, and changes to compensatory arrangements for certain officers, but does not specify the exact roles in this initial disclosure.
When were these changes effective?
The filing was made as of June 27, 2024, and the date of change is also listed as June 27, 2024.
Are there any specific dollar amounts associated with the compensatory arrangements mentioned?
This filing does not provide specific dollar amounts related to the compensatory arrangements for the officers.
What is Verizon's Standard Industrial Classification (SIC) code?
Verizon's SIC code is 4813, categorized under Telephone Communications (No Radio Telephone).
What is the primary business address of Verizon Communications Inc.?
The primary business address is 1095 Avenue of the Americas, New York, NY 10036.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 6.7 · Accepted 2024-06-27 16:13:05
Key Financial Figures
- $0.10 — ich Registered Common Stock, par value $0.10 VZ New York Stock Exchange Common
Filing Documents
- d858119d8k.htm (8-K) — 72KB
- 0001193125-24-170544.txt ( ) — 410KB
- vz-20240627.xsd (EX-101.SCH) — 9KB
- vz-20240627_def.xml (EX-101.DEF) — 25KB
- vz-20240627_lab.xml (EX-101.LAB) — 45KB
- vz-20240627_pre.xml (EX-101.PRE) — 27KB
- d858119d8k_htm.xml (XML) — 41KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERIZON COMMUNICATIONS INC. Date: June 27, 2024 By /s/ William L. Horton, Jr. William L. Horton, Jr. Senior Vice President, Deputy General Counsel and Corporate Secretary