Verizon Communications Inc. Announces Executive and Director Changes

Ticker: VZ · Form: 8-K · Filed: 2024-06-27T00:00:00.000Z

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

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.

From the Filing

0001193125-24-170544.txt : 20240627 0001193125-24-170544.hdr.sgml : 20240627 20240627161305 ACCESSION NUMBER: 0001193125-24-170544 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240627 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240627 DATE AS OF CHANGE: 20240627 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: 241079410 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 d858119d8k.htm 8-K 8-K 0000732712 false 0000732712 2024-06-27 2024-06-27 0000732712 vz:A0.875NotesDue2025Member 2024-06-27 2024-06-27 0000732712 vz:A3.250NotesDue2026Member 2024-06-27 2024-06-27 0000732712 vz:A1.375NotesDue2026Member 2024-06-27 2024-06-27 0000732712 vz:A0.875NotesDue2027Member 2024-06-27 2024-06-27 0000732712 vz:A1.375NotesDue2028Member 2024-06-27 2024-06-27 0000732712 vz:A1125NotesDue2028Member 2024-06-27 2024-06-27 0000732712 vz:A2350FixedRateNotesDue2028Member 2024-06-27 2024-06-27 0000732712 vz:A1.875NotesDue2029Member 2024-06-27 2024-06-27 0000732712 vz:A0375NotesDue2029Member 2024-06-27 2024-06-27 0000732712 vz:A1.250NotesDue2030Member 2024-06-27 2024-06-27 0000732712 vz:A1.875NotesDue2030Member 2024-06-27 2024-06-27 0000732712 vz:NotesDue20304250Member 2024-06-27 2024-06-27 0000732712 vz:A2.625NotesDue2031Member 2024-06-27 2024-06-27 0000732712 vz:A2.500NotesDue2031Member 2024-06-27 2024-06-27 0000732712 vz:A3000FixedRateNotesDue2031Member 2024-06-27 2024-06-27 0000732712 vz:A0.875NotesDue2032Member 2024-06-27 2024-06-27 0000732712 vz:A0750NotesDue2032Member 2024-06-27 2024-06-27 0000732712 vz:A3.500NotesDue2032Member 2024-06-27 2024-06-27 0000732712 vz:A1300NotesDue2033Member 2024-06-27 2024-06-27 0000732712 vz:NotesDue2034475Member 2024-06-27 2024-06-27 0000732712 vz:A4.750NotesDue2034Member 2024-06-27 2024-06-27 0000732712 vz:A3.125NotesDue2035Member 2024-06-27 2024-06-27 0000732712 vz:A1125NotesDue2035Member 2024-06-27 2024-06-27 0000732712 vz:A3.375NotesDue2036Member 2024-06-27 2024-06-27 0000732712 vz:A3.750NotesDue2036Member 2024-06-27 2024-06-27 0000732712 vz:A2.875NotesDue2038Member 2024-06-27 2024-06-27 0000732712 vz:A1875NotesDue2038Member 2024-06-27 2024-06-27 0000732712 vz:A1.500NotesDue2039Member 2024-06-27 2024-06-27 0000732712 vz:A3.500FixedRateNotesDue2039Member 2024-06-27 2024-06-27 0000732712 vz:A1850NotesDue2040Member 2024-06-27 2024-06-27 0000732712 vz:A3850FixedRateNotesDue2041Member 2024-06-27 2024-06-27 0000732712 exch:XNYS us-gaap:CommonStockMember 2024-06-27 2024-06-27 0000732712 exch:XNCM us-gaap:CommonStockMember 2024-06-27 2024-06-27     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: June 27, 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)   (Zip Code) Registrant’s telephone number, including area cod

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