Verizon Communications Inc. Announces Executive and Director Changes

Ticker: VZ · Form: 8-K · Filed: 2024-05-23T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, board-changes, sec-filing

Related Tickers: VZ

TL;DR

Verizon's shaking up its C-suite and board, expect some strategic shifts.

AI Summary

Verizon Communications Inc. announced on May 23, 2024, changes in its executive team, including the departure of directors and officers, the election of new directors, and adjustments to compensatory arrangements for certain officers. Specific details regarding the individuals involved and the financial implications of these changes were filed with the SEC.

Why It Matters

Changes in key leadership roles and executive compensation can signal shifts in company strategy or financial health, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Executive and director changes can introduce uncertainty regarding future strategy and operational direction.

Key Players & Entities

VERIZON COMMUNICATIONS INC (company) — Filer
BELL ATLANTIC CORP (company) — Former Company Name

FAQ

What specific roles have seen changes in directors or officers?

The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers'.

When was this 8-K filing submitted?

The filing was submitted on May 23, 2024.

What is Verizon's Standard Industrial Classification code?

Verizon's SIC code is 4813, for Telephone Communications (No Radio Telephone).

What is Verizon's fiscal year end?

Verizon's fiscal year ends on December 31.

What is the SEC file number for this filing?

The SEC file number is 001-08606.

From the Filing

0001193125-24-146021.txt : 20240523 0001193125-24-146021.hdr.sgml : 20240523 20240523163207 ACCESSION NUMBER: 0001193125-24-146021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240523 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240523 DATE AS OF CHANGE: 20240523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERIZON COMMUNICATIONS INC CENTRAL INDEX KEY: 0000732712 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] ORGANIZATION NAME: 06 Technology IRS NUMBER: 232259884 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08606 FILM NUMBER: 24978831 BUSINESS ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-395-1000 MAIL ADDRESS: STREET 1: 1095 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: BELL ATLANTIC CORP DATE OF NAME CHANGE: 19920703 8-K 1 d770164d8k.htm 8-K 8-K 0000732712 false 0000732712 2024-05-23 2024-05-23 0000732712 vz:A4.073NotesDue2024Member 2024-05-23 2024-05-23 0000732712 vz:A0.875NotesDue2025Member 2024-05-23 2024-05-23 0000732712 vz:A3.250NotesDue2026Member 2024-05-23 2024-05-23 0000732712 vz:A1.375NotesDue2026Member 2024-05-23 2024-05-23 0000732712 vz:A0.875NotesDue2027Member 2024-05-23 2024-05-23 0000732712 vz:A1.375NotesDue2028Member 2024-05-23 2024-05-23 0000732712 vz:A1125NotesDue2028Member 2024-05-23 2024-05-23 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-05-23 2024-05-23 0000732712 vz:A1.875NotesDue2029Member 2024-05-23 2024-05-23 0000732712 vz:A0375NotesDue2029Member 2024-05-23 2024-05-23 0000732712 vz:A1.250NotesDue2030Member 2024-05-23 2024-05-23 0000732712 vz:A1.875NotesDue2030Member 2024-05-23 2024-05-23 0000732712 vz:NotesDue20304250Member 2024-05-23 2024-05-23 0000732712 vz:A2.625NotesDue2031Member 2024-05-23 2024-05-23 0000732712 vz:A2.500NotesDue2031Member 2024-05-23 2024-05-23 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-05-23 2024-05-23 0000732712 vz:A0.875NotesDue2032Member 2024-05-23 2024-05-23 0000732712 vz:A0750NotesDue2032Member 2024-05-23 2024-05-23 0000732712 vz:A3.500NotesDue2032Member 2024-05-23 2024-05-23 0000732712 vz:A1300NotesDue2033Member 2024-05-23 2024-05-23 0000732712 vz:NotesDue2034475Member 2024-05-23 2024-05-23 0000732712 vz:A4.750NotesDue2034Member 2024-05-23 2024-05-23 0000732712 vz:A3.125NotesDue2035Member 2024-05-23 2024-05-23 0000732712 vz:A1125NotesDue2035Member 2024-05-23 2024-05-23 0000732712 vz:A3.375NotesDue2036Member 2024-05-23 2024-05-23 0000732712 vz:A3.750NotesDue2036Member 2024-05-23 2024-05-23 0000732712 vz:A2.875NotesDue2038Member 2024-05-23 2024-05-23 0000732712 vz:A1875NotesDue2038Member 2024-05-23 2024-05-23 0000732712 vz:A1.500NotesDue2039Member 2024-05-23 2024-05-23 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-05-23 2024-05-23 0000732712 vz:A1850NotesDue2040Member 2024-05-23 2024-05-23 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-05-23 2024-05-23 0000732712 exch:XNYS us-gaap:CommonStockMember 2024-05-23 2024-05-23 0000732712 exch:XNCM us-gaap:CommonStockMember 2024-05-23 2024-05-23     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 23, 2024 (Date of earliest event reported)     VERIZON COMMUNICATIONS INC. (Exact name of registrant as specified in its charter)       Delaware   1-8606   23-2259884 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   1095 Avenue of the Americas New York , New York     10036 (Address of principal executive offices)  